Diamond Standard
Financial ServicesNew York, United States11-50 Employees
Diamond Standard, headquartered in New York, is a financial services company that produces fungible diamond commodities intended to settle CFTC-regulated derivatives. The product line is supported by a loose diamond exchange and a spot market to provide price discovery and liquidity, with the aim of treating diamonds as a tradable financial asset. Its target market includes participants in commodities trading and other financial platforms seeking exposure to diamonds without direct ownership. In 2024, the company introduced a blockchain-based payments system branded CARATS. The company also has plans to offer futures on MGEX via CME Globex, options on MIAX, and an ETF.