Oasis

Standard

Diamond

Avalanche

<h4><strong>This initiative significantly advances the tokenization of real assets into digital tokens on the blockchain.</strong></h4> 
<p>Tokenizing real-world assets is a growing cryptocurrency trend, drawing global financial interest. Let’s discover more about this important development on Avalanche.</p> 
<h5><strong>Diamonds Shine in Tokenization Trend</strong></h5> 
<p>The new Diamond Standard Fund-backed token is now traded on the regulated <a href="https://twitter.com/Oasis_Pro_" target="_blank" rel="noopener">Oasis Pro</a> Markets. This setup boosts diamond investment liquidity and opens up the $1.2 trillion resource to more investors. The fund qualifies for IRAs and welcomes institutional investors like pension funds and endowments. The <a href="https://www.diamondstandard.co/" target="_blank" rel="noopener">Diamond Standard</a> CEO emphasized the fund’s convenience and traceability, making a once-elusive asset class more accessible.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Combining an under-utilized asset class with the enhanced accessibility and liquidity provided by tokenization, Oasis Pro <a href="https://twitter.com/DiamondStandard?ref_src=twsrc%5Etfw">@DiamondStandard</a> <a href="https://twitter.com/avax?ref_src=twsrc%5Etfw">@avax</a> and <a href="https://twitter.com/HorizonKinetics?ref_src=twsrc%5Etfw">@HorizonKinetics</a> are powering the future of finance.</p> 
 <p>The Diamond Standard Fund has been tokenized by Oasis Pro and listed on Oasis… <a href="https://t.co/a4njqDssXr">pic.twitter.com/a4njqDssXr</a></p> 
 <p>— Oasis Pro (@Oasis_Pro_) <a href="https://twitter.com/Oasis_Pro_/status/1773047603518644294?ref_src=twsrc%5Etfw">March 27, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Diamonds, known for their allure and inherent value, are the latest asset to undergo the tokenization process. This highlights the crypto industry’s push to integrate traditional assets into the blockchain, broadening cryptocurrency investment appeal. Oasis Pro’s Diamond Fund token on <a href="https://support.avax.network/en/articles/4058262-what-is-the-contract-chain-c-chain" target="_blank" rel="noopener">Avalanche C-Chain</a> is a key milestone in asset blockchain integration. The fund, by Diamond Standard and Horizon Kinetics, introduced Wednesday, signals a new diamond investment era.</p> 
<h5><strong>More about Tokenized Diamonds</strong></h5> 
<p>Using Avalanche C-Chain for tokenization is notable for its efficiency and low cost, ideal for managing tokenized assets. This technological foundation ensures that the diamond-backed token can be traded efficiently and securely, offering a seamless experience for investors.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">The Diamond Standard Fund and <a href="https://twitter.com/HorizonKinetics?ref_src=twsrc%5Etfw">@HorizonKinetics</a> are excited to announce our new partnership with <a href="https://twitter.com/Oasis_Pro_?ref_src=twsrc%5Etfw">@Oasis_Pro_</a> and <a href="https://twitter.com/avax?ref_src=twsrc%5Etfw">@avax</a>, unlocking diamonds as an investable asset class.</p> 
 <p>The collaboration has created an easy and seamless platform to widen the scope of investor access.</p> 
 <p>Read the… <a href="https://t.co/SWYOUaA5MT">pic.twitter.com/SWYOUaA5MT</a></p> 
 <p>— Diamond Standard Co. (@DiamondStandard) <a href="https://twitter.com/DiamondStandard/status/1773066417727734027?ref_src=twsrc%5Etfw">March 27, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Launching the Diamond Fund on regulated Oasis Pro Markets tackles security and compliance in <a href="https://www.altcoinbuzz.io/?s=tokenization" target="_blank" rel="noopener">tokenization</a>. Meeting strict regulations boosts investor confidence and integrates tokenized assets into mainstream finance.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/diamonds-go-digital-tokenized-fund-on-avalanche/">Diamonds Go Digital: Tokenized Fund on Avalanche</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Diamonds Go Digital: Tokenized Fund on Avalanche

Altcoin Buzz

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