Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

2025-05-20

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Diamonds Arrive on a Blockchain with a New Tokenized Fund on Avalanche Network
Blockchain

Diamonds Arrive on a Blockchain with a New Tokenized Fund on Avalanche Network

2024-03-28No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The security token backed by the Diamond Standard Fund is listed on the regulated Oasis Pro Markets, eligible for IRAs and available to institutional investors such as pension funds and endowments.

The offering makes the company’s “$1.2 trillion natural resource accessible to investors through a more convenient, tradable fund,” said Diamond Standard’s CEO.

Diamonds are the latest conventional asset to get the cryptocurrency industry’s glowing tokenization treatment, as the gemstones will now be accessible on blockchain rails to investors.

Crypto securities trading platform Oasis Pro has created a token on the Avalanche C-Chain that represents a stake in the Diamond Standard Fund, a product sponsored by Diamond Standard Commodities and Horizon Kinetics, the companies announced in a press release on Wednesday.

“For the first time in history, Diamond Standard and Oasis Pro are making a natural resource worth approximately $1.2 trillion accessible to investors through a more convenient, tradable fund,” said Cormac Kinney, founder and CEO of Diamond Standard.

The new offering came as real-world asset (RWA) tokenization – placing traditional assets such as gold, credit and bonds on blockchains in the form of a token – has become more popular over the past year. Global traditional finance giants such as Franklin Templeton and HSBC have participated in tokenization-related pilot projects or started offering services. Most recently, BlackRock introduced a tokenized fund backed by US Treasury bonds and repurchase agreements on the Ethereum blockchain.

The Diamond Standard Fund, which is benchmarked against Bloomberg’s Diamond Standard Index (DIAMINDX), is structured to be accessible to pension funds and endowments, while also being eligible for U.S. retirement accounts known as IRAs.

See also  Witness wants to change the way we authenticate digital content

The token has adopted the ERC-3643 token standard, an open-source suite of smart contracts that enables the issuance, management, and transfer of authorized tokens aligned with tokenized assets.

“Tokenizing diamonds and providing exposure through a fund structure on Avalanche is a great example of how blockchain can bring transparency and efficiency to an asset class that was previously opaque and inaccessible to institutions,” said John Wu, president of Ava Labs, the ecosystem development organization behind Avalanche.

Source link

arrive Avalanche Blockchain diamonds Fund Network tokenized
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

2025-05-20

Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

2025-05-20

Pi Network announces vacancies in the midst of price fall, pump and dump rumors

2025-05-19

Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Ethereum brushes against range lows, prices to drop further?

2023-07-27

XRP Is Bullish After Reaching $0.55 – Where Is It Going?

2023-11-03

Forbes immortalizes its ‘Under 30’ list on the Blockchain (@Forbes, are you sure you want to do that?)

2023-11-30
Editors Picks

Solid Bitcoin entry rises to Binance prior to CPI of March – Is a Rally on Hand?

2025-04-11

How to spend your Bitcoin without ever selling it

2024-06-18

eToro limits cryptocurrency trading to just three assets, including Bitcoin, after $1.5 million SEC settlement

2024-09-12

A Virtual Stand for Julian Assange: Political Rally in The Sandbox

2023-08-25
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,042.132.30%
  • ethereumEthereum(ETH)$2,507.294.42%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.341.22%
  • binancecoinBNB(BNB)$642.080.56%
  • solanaSolana(SOL)$166.263.22%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2200961.94%
  • tronTRON(TRX)$0.2735483.78%
  • cardanoCardano(ADA)$0.730.41%
  • suiSui(SUI)$3.804.75%
  • chainlinkChainlink(LINK)$15.623.28%
  • avalanche-2Avalanche(AVAX)$22.072.61%
  • stellarStellar(XLM)$0.2836471.45%
  • hyperliquidHyperliquid(HYPE)$26.023.03%
  • shiba-inuShiba Inu(SHIB)$0.0000141.51%
  • hedera-hashgraphHedera(HBAR)$0.1934463.71%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.56%
  • bitcoin-cashBitcoin Cash(BCH)$388.421.72%
  • the-open-networkToncoin(TON)$3.052.44%
  • polkadotPolkadot(DOT)$4.571.48%
  • litecoinLitecoin(LTC)$92.87-2.76%
  • moneroMonero(XMR)$348.251.10%
  • bitget-tokenBitget Token(BGB)$5.12-0.39%
  • pepePepe(PEPE)$0.0000130.94%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.732.93%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • aaveAave(AAVE)$262.8820.11%
  • uniswapUniswap(UNI)$5.831.72%
  • bittensorBittensor(TAO)$413.606.26%
  • nearNEAR Protocol(NEAR)$2.732.20%
  • aptosAptos(APT)$5.072.16%
  • okbOKB(OKB)$51.82-0.11%
  • ondo-financeOndo(ONDO)$0.934.03%
  • kaspaKaspa(KAS)$0.1111926.71%
  • ethereum-classicEthereum Classic(ETC)$18.142.22%
  • internet-computerInternet Computer(ICP)$5.122.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.336.68%
  • gatechain-tokenGateToken(GT)$21.370.64%
  • crypto-com-chainCronos(CRO)$0.0957272.25%
  • mantleMantle(MNT)$0.741.26%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.227699-0.94%
  • render-tokenRender(RENDER)$4.574.43%
  • vechainVeChain(VET)$0.0274771.70%
  • ethenaEthena(ENA)$0.3685475.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • arbitrumArbitrum(ARB)$0.3890705.04%
  • algorandAlgorand(ALGO)$0.2190802.86%
  • filecoinFilecoin(FIL)$2.811.86%
  • bitcoinBitcoin(BTC)$105,042.132.30%
  • ethereumEthereum(ETH)$2,507.294.42%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.341.22%
  • binancecoinBNB(BNB)$642.080.56%
  • solanaSolana(SOL)$166.263.22%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2200961.94%
  • tronTRON(TRX)$0.2735483.78%
  • cardanoCardano(ADA)$0.730.41%
  • suiSui(SUI)$3.804.75%
  • chainlinkChainlink(LINK)$15.623.28%
  • avalanche-2Avalanche(AVAX)$22.072.61%
  • stellarStellar(XLM)$0.2836471.45%
  • hyperliquidHyperliquid(HYPE)$26.023.03%
  • shiba-inuShiba Inu(SHIB)$0.0000141.51%
  • hedera-hashgraphHedera(HBAR)$0.1934463.71%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.56%
  • bitcoin-cashBitcoin Cash(BCH)$388.421.72%
  • the-open-networkToncoin(TON)$3.052.44%
  • polkadotPolkadot(DOT)$4.571.48%
  • litecoinLitecoin(LTC)$92.87-2.76%
  • moneroMonero(XMR)$348.251.10%
  • bitget-tokenBitget Token(BGB)$5.12-0.39%
  • pepePepe(PEPE)$0.0000130.94%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.732.93%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • aaveAave(AAVE)$262.8820.11%
  • uniswapUniswap(UNI)$5.831.72%
  • bittensorBittensor(TAO)$413.606.26%
  • nearNEAR Protocol(NEAR)$2.732.20%
  • aptosAptos(APT)$5.072.16%
  • okbOKB(OKB)$51.82-0.11%
  • ondo-financeOndo(ONDO)$0.934.03%
  • kaspaKaspa(KAS)$0.1111926.71%
  • ethereum-classicEthereum Classic(ETC)$18.142.22%
  • internet-computerInternet Computer(ICP)$5.122.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.336.68%
  • gatechain-tokenGateToken(GT)$21.370.64%
  • crypto-com-chainCronos(CRO)$0.0957272.25%
  • mantleMantle(MNT)$0.741.26%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.227699-0.94%
  • render-tokenRender(RENDER)$4.574.43%
  • vechainVeChain(VET)$0.0274771.70%
  • ethenaEthena(ENA)$0.3685475.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • arbitrumArbitrum(ARB)$0.3890705.04%
  • algorandAlgorand(ALGO)$0.2190802.86%
  • filecoinFilecoin(FIL)$2.811.86%