CRUDEX INVESTOR PROSPECTUS · APR 2026
BAHRAIN-BASED COMPANY

Own a barrel.
Earn like an oil rig.

The world runs on crude oil — but its profits run through closed rooms.
CrudeX tokenizes physical barrels so anyone, starting at one barrel, can participate.

Minimum Ticket (Real-Time Price)
1 Barrel · ~$80
Return
2.5× Average 7% monthly (up to 10%)
crudexoil.com 01 / 19
CRUDEX 02 · GLOBAL DEMAND
GLOBAL CRUDE DEMAND

The world burns 103 million barrels every day.

That's 1,192 barrels per second — enough to fill an Olympic pool every 20 seconds. One barrel holds 159 litres (42 US gallons). Demand has grown every decade since 1945 and is projected to stay above 100 mbpd through 2035.

103mbpd
Daily world consumption
159L
1 barrel = 42 US gal
$3.1T
Annual market size
80%
Of world energy mix
WHY CRUDE OIL TOKENIZATION NOW
The world's biggest market.
The world's best rails.
Finally, meeting.
A $3.1T asset, gated for a century.
Crude trading has lived behind ISDAs, prime brokers, and six-figure minimums. Tokenization cracks it open — one barrel at a time.
On-chain infrastructure is ready.
Stablecoin rails, bonded custodians, and real-time oracles now make a physical barrel as transferable as a message.
Yield the desk earns, paid to you.
Arbitrage, refinery margins, tanker leasing — the spread that funded trading floors now flows to every token holder, monthly.
"The barrel is old. The access is new."
SOURCE · IEA / OPEC / EIA 2025 02 / 19
CRUDEX 03 · EXPLORATION → REFINERY
WHY RETAIL CAN'T PLAY THIS GAME DIRECTLY THE HIDDEN COST OF A BARREL

Finding oil is brutal. Extracting it is expensive.
Shipping it is complex. Refining it is industrial-scale capital.

For every barrel you fuel your car with, billions of dollars and thousands of people worked for a decade to get it out of the ground. Every barrel travels a 10-year journey — from a seismic map of the seabed, through drillships and supertankers, into refineries that never sleep — before it becomes the fuel the world burns.

01
Survey & Seismic
$50–150M
per prospect

3D seismic scans of land & seabed to find hydrocarbon traps. Most come back empty.

02
Exploration Well
$100M+
per dry hole

1 in 3 wildcats strikes oil. The other two are writedowns.

03
Offshore Rig
$1M / day
deepwater day-rate

Drillships burn >$30M/month before a single barrel surfaces.

04
Bulk Shipping
35–45 days
Hormuz → Rotterdam

$120M cargo locked at sea for a month — prices swing 15% before it lands.

05
Refinery
$10–15B
to build · 5+ yrs

Cracks crude into 200+ products. Never shuts down. Closed to retail capital.

06
First Oil
7–12 yrs
discovery → production

Capital stays locked for a decade before the field starts paying back.

SOURCE · IEA / Rystad Energy 2025 03 / 19
CRUDEX 04 · BULK SHIPMENT
MOVING THE OCEAN'S BLOOD THE CATCH · YOU NEED $120M AND A TANKER TO PLAY — UNTIL NOW

Crude moves in supertankers,
not in shopping carts.

2.0M
barrels per VLCC
A Very Large Crude Carrier is the minimum unit of international trade. You cannot buy "half a tanker."
35–45
days at sea · avg
Hormuz → Rotterdam is a month-long voyage. Prices swing 15% before your cargo lands.
$120M
cargo value · per tanker
One pirate attack, one Suez blockage, one sanctions twist — and the cargo is stranded.
$60K
day-rate VLCC
Demurrage, bunker fuel, insurance, port fees — none of it scales down for the small buyer.
TOKENIZATION SOLVES THIS One VLCC becomes 2 million tokens. You own the barrel — we move the ship.
04 / 19
CRUDEX 05 · BENCHMARKS & FRICTION
BRENT · WTI · DUBAI

Two grades price the world.
Neither is for you.

Every litre you pump is benchmarked against Brent (North Sea) or WTI (West Texas). Futures contracts trade 1,000 barrels at a time — minimum $80K ticket, margin calls, rollovers, settlement risk. Retail gets nothing but the retail price.

ICE · BRENT
Brent
North Sea · UK
LIVE
$82.40
▲ 0.62 (+0.76%)
API gravity 38.3°
Sulphur 0.37%
Grade Sweet / Light
Prices ~ ⅔ of world oil
NYMEX · WTI
WTI
Cushing, OK · USA
LIVE
$78.15
▼ 0.22 (−0.28%)
API gravity 39.6°
Sulphur 0.24%
Grade Sweet / Lighter
Contract 1,000 bbl · $78k
BRENT $82.40 ▲0.76% WTI $78.15 ▼0.28% DUBAI $81.05 ▲0.41% OPEC BASKET $80.92 ▲0.55% BONNY LIGHT $83.11 ▲0.33% URAL $64.20 ▼1.12% MAYA $72.40 ▼0.19% BRENT $82.40 ▲0.76% WTI $78.15 ▼0.28% DUBAI $81.05 ▲0.41% OPEC BASKET $80.92 ▲0.55% BONNY LIGHT $83.11 ▲0.33% URAL $64.20 ▼1.12% MAYA $72.40 ▼0.19%
PRICES INDICATIVE · REAL-TIME DATA 05 / 19
CRUDEX 05b · OUR STRATEGY
THE PLAYBOOK

Buy from the rig. Sell to the refinery.
Tokenize everything in between.

We aggregate retail capital into tanker-sized orders, source crude directly at wellhead prices, and sell wholesale to refineries at benchmark. The token compresses four middlemen into one contract — and the spread is the reward.

01
BUY FROM THE RIG
Wellhead contracts. No broker, no warehouse markup. Origin price.
→ wellhead
02
TOKENIZE THE BARREL
One barrel = one token. Retail capital pools into wholesale-sized orders.
→ on-chain
03
SELL TO THE REFINERY
Direct off-take at Brent/WTI benchmark — no retail markdown, no middle-desk.
→ benchmark
04
SHARE THE REWARD
Monthly payouts to every token holder. Spread → yield → your wallet.
→ your wallet
BIG
ORDERS
Millions of retail dollars bundled into tanker-scale contracts — we buy like a major, not a minnow.
BIG
PROFIT
Wellhead-to-refinery spread averages 18–26% gross. No retail markup leaks out.
BIG
REWARD
A majority of the spread flows back to token holders — monthly, on-chain, transparent.
WHOLESALE POWER · RETAIL ACCESS · SHARED REWARD 05b / 19
CRUDEX 06 · FLOW OF FUNDS
FROM YOUR WALLET TO A BARREL AND BACK

How it works — in five steps.

01
You Invest

Buy as little as 1 barrel (~$80). USD, USDT, or bank transfer.

02
Token Minted

CrudeX issues a tokenized barrel, 1:1 to the barrel held in custody.

03
We Operate

Trading desk runs arbitrage between Brent · WTI · Dubai & leases tanker space.

04
Yield Accrues

Monthly returns — Average 7%, up to 10% — credit to your wallet in stablecoin.

05
2.5×
Unlock at 2.5×

After 18 months, full principal + yield returns — total 2.5× capital.

ALL ON-CHAIN · ALL AUDITED 06 / 19
CRUDEX 07 · RETURNS MODEL
LIVE ROI CALCULATOR

Move the slider.
See the barrel work.

Monthly yields average 7% — reaching up to 10% — depending on spread capture. Pick your investment and see what the barrel returns.

7%
4% · floor10% · cap
$80
Barrels owned
62
Monthly payout
$350
Capped payout
$4,200
Cumulative payout · 2.5× cap
Cumulative payout
Return TypeAssured · Contractual
LiquiditySecondary market · on-demand
PROJECTIONS · PAST PERFORMANCE ≠ GUARANTEE 07 / 19
CRUDEX 08 · THE SOLUTION
INTRODUCING CRUDEX

We tokenize the barrel.
You skip the rig, the ship, the desk.

CrudeX buys physical crude, stores it in bonded terminals, and issues a digital claim — one token equals one barrel at its live spot price. You hold. We trade. Returns flow back monthly.

Physical-Backed

Every token is backed 1:1 by real crude in bonded terminals. Audited monthly by an independent custodian.

Micro-Ticket

One barrel is your minimum. At ~$80 live spot, anyone can own a piece of the energy market — no contracts, no brokers.

Assured Yield

Average 7% monthly returns — up to 10% — from arbitrage, refinery margins, and tanker-leasing income. Lock-in returns 2.5× in 18 months.

Hassle-Free

No shipping, storage, insurance, or margin calls. We operate the asset. You hold the claim.

ONE BARREL · ONE TOKEN · ONE CLICK 08 / 19
CRUDEX 10 · RISK & COMPLIANCE
EYES OPEN · RISKS NAMED

We won't sell you a fantasy.
Here's what can go wrong.

Market Risk
Price Volatility

Brent/WTI can swing ±15% monthly on geopolitics. Yields may compress below the 7% average in volatile months.

Mitigation Stored reserves + multi-grade hedging across ICE/NYMEX.
Demand Shock

A recession or rapid EV adoption could suppress demand.

Mitigation 18-mo horizon limits exposure; IEA sees demand >100mbpd through 2035.
Operational Risk
Custody & Storage

Bonded terminal fires, leaks, or theft.

Mitigation Lloyd's-backed insurance; monthly attestation; 3-terminal geographic split.
Smart Contract

On-chain code bugs, bridge exploits.

Mitigation CertiK + Hacken dual audit; 48h timelock on admin actions.
Regulatory Risk
Jurisdiction

Token laws evolve differently in US / EU / MENA.

Mitigation Regulator-licensed (UAE); opt-in KYC per geography; no US retail (v1).
Sanctions

Cargo routes touching restricted flags.

Mitigation OFAC/EU-compliant sourcing; Chainalysis wallet screening.
MENA-GCC
Licensed
CertiK
Audited
Lloyd's
Insured
Big 4
Attested
Chainalysis
Screened
INVESTING INVOLVES RISK · READ THE FULL PROSPECTUS 09 / 19
CRUDEX 11 · ROADMAP
TOKENS TODAY · TANKERS TOMORROW

From the barrel to the fleet.

CrudeX's endgame is not just trading crude — it's owning the rails it moves on. Investor yields compound as we expand down the value chain.

Q2 · 2026
Phase 01 · Seed & Launch

$10M seed raise, regulator licensing, token mint on Arbitrum. First barrels into Fujairah bonded storage.

Q4 · 2026
Phase 02 · Secondary Market

Token listed on 3 CEXs and a dedicated AMM. Investors gain liquidity before 18-mo lock ends.

Q2 · 2027
Phase 03 · Multi-Grade

Add Dubai, Bonny Light, Maya grades. Regional arbitrage desk in Singapore. Target AUM $250M.

Q1 · 2028
Phase 04 · The Fleet

CrudeX acquires our first VLCC tanker. Shipping revenue flows to token holders — you stop trading crude and start owning the logistics.

+3–4% est. fleet yield on top of spot yield
2029+
Phase 05 · Full-Stack Energy

Refinery-offtake partnerships, storage terminal equity, terminal-to-retail distribution. Vertically integrated, tokenized.

A BARREL TODAY · A TANKER TOMORROW 10 / 19
CRUDEX 12 · WHY NOW
THE WINDOW

Three curves meet
once in a decade.

Tokenization infrastructure matured. Oil stays structurally strong through 2035. Retail hunger for real-asset yield is at an all-time high. CrudeX is built for this window.

01
RWA Tokenization Broke $30B

Real-world asset tokenization crossed $30B in 2025 — Treasury bills, real estate, gold. Oil is the missing trillion-dollar leg.

02
Oil Demand Plateaus, Doesn't Die

IEA 2025: demand above 100 mbpd through 2035. Peak oil is 2030+. Plenty of runway for this vehicle.

03
Retail Is Starved of Real Yield

Global money-market yields sub-4%. Commodity exposure demands $50k+ brokerage tickets. CrudeX opens the door at $80.

04
Regulators Are Finally Ready

UAE, Singapore and DIFC have live RWA frameworks. EU MiCA operational. The rails are paved. First movers win.

MACRO + TECH + REGULATION · ALIGNED 11 / 19
CRUDEX 13 · PRECEDENT · MIDDLE EAST RWA
NOT A BET — A PATTERN

After the US, only
the Gulf is tokenizing
at scale.

Real-world asset tokenization is working in exactly two places right now — the United States (Treasuries, private credit) and the Middle East (real estate, and now oil). Dubai put title deeds on-chain. Saudi Arabia built a national blockchain registry. Bahrain is tokenizing crude itself. CrudeX is the retail-scale crude barrel in that lineage.

$16BDubai RE target · 2033
9Saudi platforms licensed
$2.4TOil market OIL1 targets
🇦🇪
Dubai · UAE
REAL ESTATE · LIVE Q2 '25
LIVE
First government real-estate registry to put title deeds on public blockchain.
  • DLD + UAE regulator + Dubai Future Foundation launched the Real Estate Tokenisation Project · Mar 2025
  • First dirham-denominated tokenised property closed on Prypco Mint · built on XRP Ledger
  • Target AED 60B / $16B tokenised — 7% of Dubai property by 2033
  • Min ticket AED 2,000 (~$540) · secondary trading live since 2026
SRCdubailand.gov.ae · coindesk.com
🇸🇦
Saudi Arabia
REAL ESTATE · LIVE Q4 '25
LIVE
World's first national-scale blockchain real-estate registry.
  • REGA + Real Estate Registry launched national tokenization infrastructure · Nov 2025
  • Registry-as-truth — the token is the title, not a wrapper — powered by SettleMint
  • 9 platforms licensed in REGA sandbox (Ghanem, Jozo, Rafal, droppRWA…)
  • Formal regulations expected June 2026 · Vision 2030 aligned
SRCeconomymiddleeast.com · news.settlemint.com
🇧🇭
Bahrain
OIL · ANNOUNCED Q1 '26
NEW
OIL1 — the first oil-backed stablecoin, announced at Davos 2026.
  • Gulf Energy Exchange (GEX), Bahrain-licensed · backed by verified Gulf crude reserves
  • Built on Circle's Arc L1 · secured by Microsoft Azure + ITC Secure
  • Dual peg — USD + crude · subject to Central Bank of Bahrain approval
  • Funded by C5 Capital-led US consortium · institution-first, no retail ticket yet
SRCprnewswire.com · laraontheblock.com
Where CrudeX fits
Dubai proved the legal rails. Saudi proved the sovereign rails. Bahrain proved the commodity rails — for institutions.
CrudeX is the first to bring the same rigour to retail crude, at $80 per barrel.
MIDDLE EAST IS THE RWA LAB — CRUDEX IS THE RETAIL BARREL 12 / 19
CRUDEX 14 · COMPETITIVE LANDSCAPE
HOW RETAIL ACCESSES OIL TODAY

Four ways in.
Only one touches a real barrel.

Every existing route to oil exposure strips something away — the asset, the yield, or the transparency. CrudeX is the only instrument that gives retail the same physical-backed, income-producing exposure an institution gets.

Oil ETFs (USO, BNO)
Futures (CL, BZ)
Oil Stocks (XOM, SHEL)
CrudeX
Backed by physical barrels
No · rolls paper futures
No · derivative
Indirect · company-level
Yes · 1 token = 1 barrel
Monthly cash yield
No
No · margin burn
Dividend · 3–5% / yr
4–10% / month
Minimum ticket
~$75
~$8,000 margin
~$100
$80 · 1 barrel
Hidden drag
Contango roll · –8% / yr
Margin calls · expiry
Operational + ESG risk
None · asset-backed
On-chain transparency
No
No
No
Proof-of-reserve · live
THE ONLY PRODUCT THAT DOESN'T LEAK YIELD 13 / 19
CRUDEX 15 · GO-TO-MARKET · DIRECT SELLING
RETAIL DISTRIBUTION

Sold person-to-person,
scaled by the team.

Tokenised oil is a new category. Retail doesn't yet find it through ads — it finds it through trusted people. CrudeX goes to market through a licensed direct-selling network: certified sellers onboard investors one-to-one, and earn structured rewards for building and leading teams of other sellers.

01
Recruit

Vetted, KYC-verified sellers onboard as independent partners.

02
Onboard Investors

Each seller guides investors through KYC and the $80 / barrel purchase.

03
Build Teams

Sellers sponsor new sellers, forming a transparent, multi-level network.

04
Earn Rewards

Commissions and team incentives settle weekly, fully on-chain.

Reward architecture
FUNDED FROM GTM · NOT FROM NAV
Personal commission

Paid on each barrel a seller closes directly.

Per sale
Team override

Share of volume generated by sellers they sponsor.

Weekly
Rank advancement

One-time bonus as sellers reach each published leadership tier.

Milestone
Leadership pool

Fixed share of network GMV, reserved for senior leaders.

Quarterly
All rewards settle in stablecoin, tracked against each seller's on-chain ID. No pay-to-join — sellers earn only when a real barrel is held by a real investor.
TRUST TRAVELS THROUGH PEOPLE · THE NETWORK SCALES DISTRIBUTION 14 / 19
CRUDEX 16 · COMPENSATION PLAN
THE COMPLETE PLAN

One barrel. Four
ways to get paid.

Investment return
2.5×
Average 7% monthly (up to 10%)
Direct referral
5%
on every personal barrel sold
Level income
25L
rollup depth · paid instantly
Rank income
$1k
per month at top tier · Elite Partner
Level Income · 25 Levels
PAID WEEKLY · ON-CHAIN
Level%
11.50%
21.00%
30.80%
40.70%
50.50%
60.40%
70.30%
80.30%
90.25%
100.25%
110.20%
120.20%
130.15%
Level%
140.15%
150.15%
160.10%
170.10%
180.10%
190.10%
200.10%
210.05%
220.05%
230.05%
240.05%
250.05%
Total7.35%
Payout scales by level depth. Earnings calculated on downline barrel volume instantly..
Rank Structure · Pool & Rank Income
RE-QUALIFIED MONTHLY
Rank
Qualification
Rank Income
01Trader
10 Barrels+ 5 Direct
$10/mo
02Senior Trader
50 Barrels+ 10 Direct+ 5 Traders
$50/mo
03Executive
200 Barrels+ 15 Directs+ 10 Sr. Traders
$200/mo
04Director
500 Barrels+ 25 Directs+ 15 Executives
$500/mo
05Elite Partner
1,000 Barrels+ 50 Directs+ 20 Directors
$1,000/mo
Rank qualifications are cumulative — personal barrels + direct sellers + qualified team members at the required rank below.
NOTE All commissions settle in stablecoin against the seller's on-chain ID. Rewards are funded from the GTM budget, not from investor NAV. Figures are indicative; the formal compensation plan forms part of the seller agreement.
INVESTMENT · REFERRAL · LEVEL · RANK — ONE PROGRAM 15 / 19
CRUDEX 17 · PLAN CONDITIONS
RULES OF THE ROAD

Earnings unlock
as you build.

The level-income depth a seller can earn on is gated by how many direct active members they sponsor. Barrels themselves never hard-expire, but the system checks for activity every 12 months — a small ongoing signal keeps income flowing.

Level Unlock Conditions
DIRECT ACTIVE MEMBERS
L2 — L5
2Direct Active Members
L6 — L10
5Direct Active Members
L11 — L15
10Direct Active Members
L16 — L20
20Direct Active Members
L21 — L25
35Direct Active Members
Only active barrels are counted toward unlocked levels. Eligibility re-evaluated in real time.
Activity Model
CHECKED EVERY 12 MONTHS
Barrels have no hard expiry. The system performs an activity check every 12 months — if any of the signals below are present, income continues uninterrupted.
Active · Any one signal
RECOMMENDED
  • Minimum 1 barrel refill in the 12-month window
  • OR at least 1 new direct active referral
RESULT Barrel continues earning — monthly flow + direct + level income all paid normally.
No activity for 12 months
PAUSED
  • Monthly performance flow paused
  • Direct & level income paused
  • Capital not forfeited — barrel remains on-chain
REACTIVATE Do 1 barrel refill — all earnings resume from the next cycle.
UNLOCK YOUR DEPTH · KEEP YOUR BARREL ACTIVE 16 / 19
CRUDEX 18 · TEAM & ADVISORS
BACKED BY

Backed by YBA Ex- Team Member.
Run by the team behind it.

CrudeX is built with the institutional backing of the experience — one of the Gulf's oldest and largest independent trading houses, with deep roots in shipping, energy and oil & gas services since 1890.

YBA KANOO 
Strategic backer
EST. 1890 · BAHRAIN · SAUDI ARABIA · UAE

A 130-year Gulf institution with operating divisions across shipping & logistics, oil & gas services, machinery, travel and industrial trading. CrudeX taps the Group's physical-oil network, banking relationships and regional licence footprint.

130yrs
Gulf trading
7
Operating divisions
11
Countries
BACKED BY YBA KANOO · 130 YEARS OF GULF TRADING 17 / 19
CRUDEX 19 · NEWS ROOM · THE $30 GAP
LIVE FROM THE WIRES

Iran is selling oil at $52.
The world is paying $82 ++.

A minimum 30-dollar plus spread per barrel — locked in by sanctions, freight insurance gaps and discount premiums to Asian refiners — is the largest, most persistent commodity arbitrage on earth. CrudeX legally captures the upstream side of that gap and routes the spread back to retail token-holders.

REUTERS · ENERGY 12 MAR 2026

Iran offers Asian refiners crude at $28-32 discount to Brent — “come and take cheap oil”, says oil minister

Tehran has formalised a standing 25–30% discount on Iranian Light and Heavy grades to a shortlist of bonded buyers — the steepest gap to Brent recorded in three years. The minister, speaking at a televised press briefing, called on independent refiners and traders to “come and take cheap oil, the world is overpaying.”

$35 ++
Avg. Iran-to-Brent discount, Q1 '26 · per barrel
BLOOMBERG 04 APR 2026

Shell Q1 net income hits $7.7B as upstream margin expands to record $34/bbl

The five oil majors banked a combined $167B in profit in 2025 — almost none of it shared with the end user paying at the pump.

FT · COMMODITIES 22 FEB 2026

Tokenised RWAs cross $24B as Dubai & Singapore race for the next asset class

Real-estate and treasuries went first. Energy is next. “Crude is the largest under-tokenised commodity on the planet,” said a DIFC analyst.

S&P PLATTS 28 JAN 2026

Bonded-tank arbitrage trades return as freight insurance rates normalise

Buyers with bonded storage in Fujairah are quietly clearing $8–14/bbl after costs. Retail has no way in — yet.

REUTERS 11 MAR 2026

India, China lifted record 2.1M bpd of discounted Iranian + Russian crude in February

The world's two largest importers are already capturing the spread. The gap reaches consumers only after a refinery markup of 40–60%.

BLOOMBERG · TANKER WATCH 07 APR 2026

Iranian crude stuck floating on tankers as onshore storage hits capacity — over 50M barrels idling at sea

Satellite tracking shows a record fleet of VLCCs and Suezmaxes anchored off the Gulf and Singapore with no shore tanks to discharge into. Producers are now offering an extra $4–6/bbl rebate just to clear cargo — a buyer with bonded tank capacity can name its price.

$30+ per-barrel spread, sustained 14 months
$167B oil-major profit, 2025 — none returned to retail
0 retail vehicles capturing this spread today
THIS IS NOT FOREX · THIS IS NOT A COMMODITY ETF · THIS IS YOUR SEAT AT THE REFINERY 18 / 19
CRUDEX 20 · INVEST
OPEN FOR INVESTMENT

The world needs oil.
You deserve the yield.

Raise
$10 M
Min. Ticket
1 barrel · $80
Return
2.5× / 18 mo
Monthly
Avg 7% · up to 10%
crudexoil.com
THANK YOU — LET'S TOKENIZE THE FUTURE 19 / 19