Diamond Standard

Invest in natural diamond commodities

New York, United States · Founded 2018 · $30.0M raised

Headquarters
New York, New York
Employees
11–50
Founded
2018
Business Model
B2C
Total Funding
$30.0M
Last Round
$30.0M Series ASep 2022
Rounds
1

About

Diamond Standard is a New York-based financial technology company founded in 2018 by Cormac Kinney that created the world's first fungible, regulator-approved diamond commodity. The company has solved the challenge of standardizing diamonds into tradeable investment products by combining physical natural diamonds with blockchain technology. Diamond Standard offers four investment products backed by physical natural diamonds: Coins and Bars that are spot-traded on a global exchange and approved for U.S. futures and ETFs. Each product contains diamonds certified by GIA and IGI, with ownership and provenance tracked on-chain. The platform enables individuals to start investing with as little as $25, opening the $1.2 trillion diamond commodity market to both retail and institutional investors.

Summary

Diamond Standard is a Crypto & Web3 company based in New York, United States, founded in 2018. It has raised $30.0M in total across 1 round, most recently a $30.0M Series A round in Sep 2022.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series ASeries ASep 2022
$30.0M

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