Diamonds Get Tokenized: Diamond Standard Fund Listed on Oasis Pro Markets for Institutional Investors

The Diamond Standard Fund has launched a security token on the regulated Oasis Pro markets, allowing institutional investors such as pension funds and endowments to access the $1.2tn natural resource. The token is backed by the Diamond Standard Fund and is available for IRAs. The tokenisation of diamonds is an example of how blockchain can bring transparency and efficiency to an asset class that was previously opaque and inaccessible for institutions, according to John Wu, president of Ava Labs.