Diamond Standard Co. has raised US$30 million in a Series A funding round led by Left Lane Capital and Horizon Kinetics, the company announced in a statement.
The blockchain startup allows institutional and retail investors to trade tokenized counterparts of physical diamonds on the blockchain.
Tokenized assets are expected to boom into a US$16 trillion business opportunity by 2030, or 10% of the world’s expected GDP by the end of the decade.
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