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Analysis: Crypto Firms Betting on Diamonds
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Somewhere between the volatility of cryptocurrencies and thestability of diamond prices lies an opportunity for investors. That is, atleast, what several new initiatives to create diamond-backed crypto-coins arebetting on.In fact, developers of these coins, or “tokens,”...
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Technology
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Dec 11, 2018
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Avi Krawitz
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Crypto-Coin Company Acquires $20M in Diamonds
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Singapore-based D1 Mint has agreed to buy $20 million worthof diamonds to back its new cryptocurrency coin, the company said last week. The 1,500 investment-grade diamonds were manufactured byHong Kong-headquartered KGK Diamonds, and...
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Polished Markets
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May 28, 2018
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Rapaport News
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