DIAMOND STANDARD CO.


Associated tags: Diamond, Platinum, Silver, Heel, Video game, Cryptocurrency, Gemstone, MGEX, Chicago Mercantile Exchange, Fifth Avenue, GIA, M1 Finance, CME, Internet, International Gemological Institute, Diamond Standard, Gemological Institute of America, Masterworks Chorale

Locations: NEW YORK, BERMUDA, SAUDI ARABIA

Diamond Standard Partners with Simplex to Provide Global Access to CARATS, Its Groundbreaking Payment Solution

Retrieved on: 
Thursday, May 16, 2024

With this partnership, Carats are now listed on Simplex and available for onramps on leading exchanges and wallets and to the entire 350+ partner network of Simplex.

Key Points: 
  • With this partnership, Carats are now listed on Simplex and available for onramps on leading exchanges and wallets and to the entire 350+ partner network of Simplex.
  • Users can effortlessly buy CARATS using credit cards, fiat, or most cryptocurrencies, and use them for easy and quick value transfer.
  • Simplex by Nuvei bridges the gap between traditional fiat currency (like U.S. dollars or Euros) and the world of digital currencies.
  • Simplex will also be powering the upcoming CARATS mobile app that will allow businesses and individuals to do all this with their phone.

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024

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

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 .

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

Retrieved on: 
Wednesday, September 14, 2022

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.

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

Retrieved on: 
Thursday, July 29, 2021

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.