Diamond Standard Co. is a blockchain startup that has developed the world's only regulator-approved diamond commodities. Diamond Standard's offerings allow investors to allocate to diamonds through shares, instead of holding physical diamonds directly. The company has created regulator-approved fungible commodities, the Diamond Standard Coin and Bar.
These physical assets contain a standardised set of diamonds encased in crystal clear plastic. Inside the plastic is a wireless encryption chip that enables audit, authentication, and blockchain-based trading. The firm's diamonds are graded by the GIA and International Gemological Institute, and company operations are internally audited by Deloitte.
Diamond Standard has raised a total of $54.08 million across four funding rounds.
$30M • 2023 • Series A
Diamond Standard commodities are investment products that combine diamonds and blockchain technology.
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