Diamond Standard

About Diamond Standard

Diamond Standard offers a regulated, fungible commodity backed by natural diamonds, utilizing patented technology that incorporates a wireless chip for secure electronic trading. This innovation provides individuals and institutions with access to the $1.2 trillion diamond market, enabling them to invest in a previously inaccessible asset class while mitigating risks associated with inflation.

```xml <problem> The $1.2 trillion diamond market has historically been inaccessible to individual and institutional investors as a standardized, liquid asset class. Traditional diamond investments lack transparency, standardization, and ease of trading, hindering diversification and risk mitigation. </problem> <solution> Diamond Standard offers a regulated, fungible commodity backed by natural diamonds, bridging the gap between the physical and digital worlds. Utilizing patented technology, each Diamond Standard commodity incorporates a wireless chip and blockchain enrollment for secure electronic trading and remote authentication. This innovation provides individuals and institutions with access to diamond investments starting from $25, enabling portfolio diversification and a hedge against inflation. Investors can choose from various product offerings, including tradable diamond commodities (Coins and Bars), digital commodity tokens (Carats), and a Diamond Standard Fund. </solution> <features> - Standardized diamond commodities (Coins and Bars) containing an optimized set of natural diamonds with consistent carat weight, color, and clarity - Diamond Standard Carats, digital commodity tokens issued from physical commodities, redeemable for Diamond Standard commodities - Wireless NFC encryption chip embedded in each Coin and Bar for authentication and instant transactions - Blockchain enrollment on Hedera Hashgraph for secure and transparent trading - Remote authentication tool to verify the authenticity and certifications of each diamond - Transparent diamond sourcing through the Diamond Standard Exchange (DSE) - Secondary Spot Market for seamless peer-to-peer trading of digital asset tokens associated with Diamond Standard commodities - Option for secure vaulting with Brinks or physical delivery for personal holding - Audited process for diamond procurement and commodity creation </features> <target_audience> Diamond Standard targets individual investors seeking to diversify their portfolios with alternative assets, as well as institutional investors looking for a regulated and transparent way to access the diamond market. </target_audience> <revenue_model> Diamond Standard generates revenue through the sale of diamond commodities (Coins and Bars), digital commodity tokens (Carats), and management fees from the Diamond Standard Fund. </revenue_model> ```

What does Diamond Standard do?

Diamond Standard offers a regulated, fungible commodity backed by natural diamonds, utilizing patented technology that incorporates a wireless chip for secure electronic trading. This innovation provides individuals and institutions with access to the $1.2 trillion diamond market, enabling them to invest in a previously inaccessible asset class while mitigating risks associated with inflation.

Where is Diamond Standard located?

Diamond Standard is based in East New York, United States.

When was Diamond Standard founded?

Diamond Standard was founded in 2018.

How much funding has Diamond Standard raised?

Diamond Standard has raised 31000000.

Location
East New York, United States
Founded
2018
Funding
31000000
Employees
20 employees
Major Investors
Left Lane Capital, Horizon Kinetics LLC

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Diamond Standard

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Executive Summary

Diamond Standard offers a regulated, fungible commodity backed by natural diamonds, utilizing patented technology that incorporates a wireless chip for secure electronic trading. This innovation provides individuals and institutions with access to the $1.2 trillion diamond market, enabling them to invest in a previously inaccessible asset class while mitigating risks associated with inflation.

diamondstandard.co5K+
cb
Crunchbase
Founded 2018East New York, United States

Funding

$

Estimated Funding

$20M+

Major Investors

Left Lane Capital, Horizon Kinetics LLC

Team (20+)

No team information available.

Company Description

Problem

The $1.2 trillion diamond market has historically been inaccessible to individual and institutional investors as a standardized, liquid asset class. Traditional diamond investments lack transparency, standardization, and ease of trading, hindering diversification and risk mitigation.

Solution

Diamond Standard offers a regulated, fungible commodity backed by natural diamonds, bridging the gap between the physical and digital worlds. Utilizing patented technology, each Diamond Standard commodity incorporates a wireless chip and blockchain enrollment for secure electronic trading and remote authentication. This innovation provides individuals and institutions with access to diamond investments starting from $25, enabling portfolio diversification and a hedge against inflation. Investors can choose from various product offerings, including tradable diamond commodities (Coins and Bars), digital commodity tokens (Carats), and a Diamond Standard Fund.

Features

Standardized diamond commodities (Coins and Bars) containing an optimized set of natural diamonds with consistent carat weight, color, and clarity

Diamond Standard Carats, digital commodity tokens issued from physical commodities, redeemable for Diamond Standard commodities

Wireless NFC encryption chip embedded in each Coin and Bar for authentication and instant transactions

Blockchain enrollment on Hedera Hashgraph for secure and transparent trading

Remote authentication tool to verify the authenticity and certifications of each diamond

Transparent diamond sourcing through the Diamond Standard Exchange (DSE)

Secondary Spot Market for seamless peer-to-peer trading of digital asset tokens associated with Diamond Standard commodities

Option for secure vaulting with Brinks or physical delivery for personal holding

Audited process for diamond procurement and commodity creation

Target Audience

Diamond Standard targets individual investors seeking to diversify their portfolios with alternative assets, as well as institutional investors looking for a regulated and transparent way to access the diamond market.

Revenue Model

Diamond Standard generates revenue through the sale of diamond commodities (Coins and Bars), digital commodity tokens (Carats), and management fees from the Diamond Standard Fund.

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