Diamond Standard Leverages Oasis Pro and Avalanche to Make Diamonds an Investable Asset Class

Avalanche

The Diamond Standard Fund (the Fund), sponsored by Diamond Standard and Horizon Kinetics, has been tokenized by Oasis Pro and listed on Oasis Pro Market’s SEC-registered ATS, via the Avalanche C-Chain.

The Fund provides investors access to an approximately $1.2T natural resource through an asset-backed coin licensed by Diamond Standard Commodities. The coin offers access to diamonds as an asset class for sophisticated investors like Pension Funds and Endowments, which historically couldn’t hold commodities directly.

The Fund is benchmarked to the Diamond Standard Index, DIAMINDX, published by Bloomberg. Additionally, it utilizes the world’s first fully transparent diamond exchange platform.

On average, investors own 32% of the gold market, 19% of the silver market, and 17% of the platinum market. Only 1% of the diamond market is investor-owned, largely due to a lack of standardization and subjectivity in valuation. Diamond Standard has worked to address these issues with their Avalanche-supported, patent-protected technology.

"For the first time in history, Diamond Standard and Oasis Pro are making an approximately $1.2 trillion natural resource accessible to investors via a more convenient, tradable fund,” said Cormac Kinney, Founder & CEO of Diamond Standard. “Our commodities are made possible by the blockchain, and this digital security continues that transparency and efficiency."

This groundbreaking partnership between industry stalwarts creates potential benefits for investors and issuers, including enhanced accessibility, liquidity, and transparency through a combination of blockchain and real world asset (RWA) tokenization. Importantly, the tokenized fund structure makes the investment IRA-eligible, meaning people can invest pre-tax dollars. It also provides a vehicle that investors already know.

The Fund has employed NAV Fund Administration Group as the fund administrator, as well as Tokeny’s ERC3643 token standard – one of the first-ever standards tailored for compliant tokenization to earn ‘final’ approval from the Ethereum community.

“The launch and tokenization of the Diamond Standard Fund on our platform marks yet another step forward in the evolution of capital markets,” said Pat LaVecchia, Founder & CEO of Oasis Pro. “We are excited to power the integration of RWA tokenization into the Fund with our end-to-end solution, democratizing the investment.”

To learn more, please visit Oasis Pro.

About Avalanche

Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

About Oasis Pro

Oasis Pro is a global fintech infrastructure provider for real world assets and digital securities. Leveraging our deep wall street and blockchain expertise we curated an end-to-end solution to guide traditional financial institutions and sophisticated investors in the evolution of alternative asset investing. Oasis Pro’s subsidiary, Oasis Pro Markets, is a FINRA member firm that operates a multi-asset alternative trading system (ATS), OATSPRO, to allow primary issuance and trading of public and private multi-asset digital securities as well as a full-service investment bank. Learn more at www.oasispro.com. Securities are offered through Oasis Pro Markets, Member FINRA/SIPC.

About Diamond Standard

Diamond Standard is the creator of the world's first and only regulated diamond commodity. By unlocking diamonds as a market-traded asset, Diamond Standard helps investors to access a natural resource currently worth $1.2 trillion – more than all the world's silver and platinum combined. A breakthrough hard asset that can be transacted as a blockchain token, the diamond commodity provides diversification, potential inflation protection, and a new store of wealth for institutional and individual investors, while bringing transparency and efficiency to the diamond supply chain.

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