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Diamond Standard raises $30m in Series A funding

New York based blockchain diamond commodities trading startup raised $30m in Series A funding led by Left Lane Capital and Horizon Kinetics.

“With the recent launch of the Diamond Standard Bar and Diamond Standard Fund, additional production capacity is needed to meet rapidly growing investor demand. The firm is hiring aggressively and building a new bar assembly facility in collaboration with the International Gemological Institute,” the company said.

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blockchain, defi, commodities, trading