Diamond Standard

Diamond Standard Carats now available globally - Lists on Bitrue as the First Fungible Commodity Currency

Retrieved on: 
Thursday, March 21, 2024
Diamond, Bitcoin, Tether, Computer, Blockchain, Diamond Standard, Cryptocurrency

New York / Singapore, March 20, 2024 (GLOBE NEWSWIRE) -- Diamond Standard Co. , developer of the world’s only regulated and market traded natural diamond commodities, announces Carats—a fungible digital commodity currency issued by real world Diamond Standard Coins and Bars, now listing on Bitrue.

Key Points: 
  • New York / Singapore, March 20, 2024 (GLOBE NEWSWIRE) -- Diamond Standard Co. , developer of the world’s only regulated and market traded natural diamond commodities, announces Carats—a fungible digital commodity currency issued by real world Diamond Standard Coins and Bars, now listing on Bitrue.
  • This is the first fungible commodity currency to list on Bitrue, now trading globally.
  • Or return enough Carats to a Diamond Standard Coin or Bar to transact or take delivery of that physical commodity—without requesting permission, and without fees.
  • Carats are equivalent to an investment in Diamond Standard commodities, that can be transacted on a blockchain.

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024
Diamond, Alternative trading system, Natural Resources, AngloGold Ashanti, Uranium, MGEX, Bloomberg, Refinitiv, Mining, Platinum, Mark Cutifani, State Street Global Advisors, ETF, Gold, Chicago Mercantile Exchange, FINRA, Public Investment Fund, CME, Diamond Standard, Risk, Silver, Anglo American, De Beers, Partnership, Cryptocurrency

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024
Diamond, Alternative trading system, Natural Resources, AngloGold Ashanti, Uranium, Multimedia, MGEX, Bloomberg, Refinitiv, Mining, Platinum, Mark Cutifani, State Street Global Advisors, ETF, Gold, Chicago Mercantile Exchange, FINRA, Public Investment Fund, CME, Diamond Standard, Risk, Silver, Anglo American, De Beers, Partnership, Cryptocurrency

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

GBI Partners with Diamond Standard to Add Diamond Commodities to its Leading Alternative Assets Platform

Retrieved on: 
Wednesday, April 12, 2023
Blockchain, Cryptocurrency, Finance, Asset Management, Banking, Professional Services, Technology, Fintech, Diamond, Asset management, ETF, Partnership, GBIA, Silver, Uranium, Platinum, Diamond Standard, Palladium, GBI, Gold, Jewellery, Brink's

GBI, the leading provider of physical precious metals and other alternative assets to investors and the wealth management industry, today announced the addition of Diamond Standard commodities through the GBI Platform.

Key Points: 
  • GBI, the leading provider of physical precious metals and other alternative assets to investors and the wealth management industry, today announced the addition of Diamond Standard commodities through the GBI Platform.
  • Diamonds are a newly accessible $1.2 trillion dollar asset class, offered by Diamond Standard , under regulatory supervision.
  • GBI Advisors (GBIA), a unit of GBI, is the first online platform to enable investment advisors and managers to buy, sell and store physical diamond commodities on behalf of their clients.
  • With the recent launch of the Diamond Standard Spot Market , investors can trade the Diamond Standard Coins and Bars.

Diamond Standard Launches Spot Market for Fungible Coins

Retrieved on: 
Tuesday, October 4, 2022
Diamond, Ethereum, Spot market, Circle, USDC, Time, Diamond Standard, Silver, CEO, Delaware Trust Building, Coin, Friction, Platinum, Bermuda, Efficiency, Bermuda Monetary Authority, Jewellery, Cryptocurrency, Brink's, Bloomberg

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- Diamond Standard Inc., developer of the world's only regulator-approved diamond commodities, today announced the launch of the Diamond Standard Spot Market, enabling free and instant trading of Diamond Standard Coins.

Key Points: 
  • NEW YORK, Oct. 4, 2022 /PRNewswire/ -- Diamond Standard Inc. , developer of the world's only regulator-approved diamond commodities, today announced the launch of the Diamond Standard Spot Market, enabling free and instant trading of Diamond Standard Coins.
  • The Diamond Standard Spot Market is a peer-to-peer marketplace with a centralized limit order book, where individuals or market-makers can trade the Diamond Standard tokens for USDC stablecoins, issued by Circle and pegged to U.S. dollars.
  • The Spot Market is offered by DS Admin Trust, a Delaware Trust that manages the custody of Diamond Standard commodities at Brinks, for their owners and traders.
  • "The Diamond Standard Spot Market is a huge leap forward for diamonds as an asset class.

Diamond Standard Closes $30 Million Series A Investment Round Led by Left Lane Capital and Horizon Kinetics

Retrieved on: 
Wednesday, September 14, 2022
Diamond, GIA, Time, Gemological Institute of America, Diamond Standard, Efficiency, International Gemological Institute, Deloitte, Internet, CME, M1 Finance, Investment, CEO, Silver, Goal, Fifth Avenue, Heel, Chicago Mercantile Exchange, Platinum, Multimedia, MGEX, Gemstone, Cryptocurrency, Video game, Masterworks Chorale

NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulator-approved diamond commodities, today announced the closing of a $30 million investment round co-led by Left Lane Capital and Horizon Kinetics .

Key Points: 
  • NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulator-approved diamond commodities, today announced the closing of a $30 million investment round co-led by Left Lane Capital and Horizon Kinetics .
  • With the recent launch of the Diamond Standard Bar and Diamond Standard Fund , additional production capacity is needed to meet rapidly growing investor demand.
  • "The Diamond Standard offerings are a perfect fit for the contrarian, innovation, value and inflation protection goals of Horizon Kinetics and like-minded investors," said Murray Stahl, Co-Founder & CEO of Horizon Kinetics.
  • Left Lane Capital has made investments into some of the most promising internet and consumer technology companies in four continents.

The Natural Diamond Council in collaboration with Condé Nast Traveller launches The Diamond Standard List

Retrieved on: 
Thursday, April 21, 2022
Diamond, Condé Nast Traveller, Classics, Diamond Standard, Personality, Beauty, NDC, CNT, Industry, Nature, Jewellery

MUMBAI, India, April 21, 2022 /PRNewswire/ -- The Natural Diamond Council in collaboration with Condé Nast Traveller has released The Diamond Standard List recognising the best jewellery brands in the Indian industry. A pioneering initiative, this special index curated by the editors is a part of the magazine's revered Gold List 2022. Celebrating extraordinary craftsmanship and remarkable experiences, this list recognises jewellers who have set the artistry and design standard for natural diamonds, by creating pieces that move and fascinate, while championing originality and technical innovation.

Key Points: 
  • The Diamond Standard List is an exclusive annual rhapsody on natural diamond jewellery that is truly exceptional, featuring selections that reflect the sensibilities and tastes of consumers.
  • Speaking on the collaboration, Richa Singh, Managing Director - Natural Diamond Council, India & Middle East said, "Joining forces with Cond Nast Traveller to reveal The Diamond Standard List and commemorate the achievements of the jewellery industry is an incredible moment.
  • "The Diamond Standard 2022 is our first annual collaboration with NDC that celebrates the India launch of CNT's global flagshipthe Gold List.
  • Elevating the brilliance of natural diamonds, the winners of The Diamond Standard List are:

Diamond Standard Bar Launches with $75 Million Initial Offering

Retrieved on: 
Monday, March 7, 2022
Diamond, International Gemological Institute, Chicago Mercantile Exchange, MGEX, GIA, IGI, Bermuda, Bermuda Monetary Authority, Good Life Delivery, CME, Coin, ETF, Contract, CFTC, Gemological Institute of America, Diamond Standard, Deloitte, Silver, Platinum, Ownership, NYSE, Efficiency, Delivery, ESG, Sale, Color, Bar, Gold, Cryptocurrency, Gemstone, Jewellery, Bars, Brink's

NEW YORK, March 7, 2022 /PRNewswire/ -- Diamond Standard announced today that it received regulatory approval to launch the initial offering of the Diamond Standard Bar.

Key Points: 
  • NEW YORK, March 7, 2022 /PRNewswire/ -- Diamond Standard announced today that it received regulatory approval to launch the initial offering of the Diamond Standard Bar.
  • The Diamond Standard Bar is the world's second regulator-approved, exchange tradable, fungible diamond commodity, after the Diamond Standard Coin, which launched in 2021.
  • That offering was oversubscribed with $40 million in orders, versus a regulatory limit of $25 million.
  • Over time however, Diamond Standard expects to source 85% of its diamonds from consumers, through Diamond Standard Recycling.

The "Diamond Standard" for the Regulated Diamond Commodity is Set, Like 0.999 for Gold

Retrieved on: 
Thursday, August 19, 2021
Diamond, Bitcoin, CME, Chicago Mercantile Exchange, Gold, MGEX, Diamond Standard, SEC, Efficiency, Bermuda, Coin, Platinum, ETF, NYSE, Silver, Bermuda Monetary Authority, Founder CEO, Index, CEO, Color, CFTC, Deloitte, Gemstone, Cryptocurrency

NEW YORK, Aug. 19, 2021 /PRNewswire/ -- Diamond Standard Co. , the developer of the only regulator-approved diamond commodity, announced today the successful establishment of the Diamond Standard itself -- the public index of gemological content inside the commodity.

Key Points: 
  • NEW YORK, Aug. 19, 2021 /PRNewswire/ -- Diamond Standard Co. , the developer of the only regulator-approved diamond commodity, announced today the successful establishment of the Diamond Standard itself -- the public index of gemological content inside the commodity.
  • The "Diamond Standard" for the Regulated Diamond Commodity is Set, Like 0.999 for Gold.
  • Like the 0.999 standard for gold bars, the Diamond Standard is a permanent statistical index of diamond characteristics, such as carat weight, color and clarity, that must be contained in every Diamond Standard Coin.
  • Diamond Standard is the creator of the world's only regulated diamond commodity.

Diamond Standard Co. announces $50M Post-IPO Coin Offering

Retrieved on: 
Thursday, July 29, 2021
Minerals, Diamond, Materials, Crystallography, Crystals, Diamond Standard, Diamonds as an investment, Cormac Kinney

NEW YORK, July 29, 2021 /PRNewswire/ -- Diamond Standard Co. , the developer of the regulator-approved diamond commodity, announced today a follow-on offering of the Diamond Standard Coin.

Key Points: 
  • NEW YORK, July 29, 2021 /PRNewswire/ -- Diamond Standard Co. , the developer of the regulator-approved diamond commodity, announced today a follow-on offering of the Diamond Standard Coin.
  • Every Diamond Standard Coin is equal, regardless of when it is produced.
  • "Since the Coin IPO, global diamond prices have risen, in part due to investor demand for the commodity," said Cormac Kinney, Founder and CEO of Diamond Standard Co.
    Like the 0.999 standard for gold bars, the Diamond Standard is a public index of diamond characteristics, such as carat weight, color and clarity, that must be contained in every Diamond Standard Coin.
  • Diamond Standard Co. is the creator of the world's only regulated diamond commodity.