New York, United States
Diamond Standard is positioning itself as a trailblazer in the creation and standardization of diamonds as a liquid hard asset akin to gold. Founded in 2018 and headquartered in the United States, the company is pioneering in the fields of Blockchain, Fintech, and Platforms.
By commodifying diamonds into fungible assets, Diamond Standard allows these precious stones to gain financial traction similar to other established commodities. Their approach includes a loose diamond exchange and spot market, enhancing price discovery and liquidity. Furthermore, the company's innovation is underscored by upcoming financial instruments such as futures on MGEX via CME Globex, options on MIAX, and an ETF.
Most recently, the company secured a $30.00M Series A investment in September 2022, with participation from investors including Gaingels, Left Lane Capital, Republic, and Horizon Kinetics. Diamond Standard is undoubtedly a firm to monitor as it redefines the diamond industry into a vibrant financial asset class.
