Diamond Standard

company

About

Diamond Standard is a regulator-approved fungible commodity for natural resource, with a built-in wireless chip for electronic trading.

Details

Last Funding Type
Series A
Last Funding Money Raised
$30M
Industries
Blockchain,Financial Exchanges,FinTech
Founded date
Jun 1, 2018
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Diamond Standard Inc.
Also Known As
BitCarbon

Diamond Standard is the producer of regulator-approved diamond commodities, launching in an initial public offering in Q4 2020. In addition to the physical Diamond Standard Coin and Bar, the company is listing CTFC regulated futures on the CME Globex, and an ETF on the NYSE, pending SEC approval. The commodities contain a wireless computer chip, which permits remote audit and authentication, and trading via an integrated blockchain token. The tokens trade on leading cryptocurrency and digital asset exchanges.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$54M
Diamond Standard has raised a total of $54M in funding over 2 rounds. Their latest funding was raised on Sep 14, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 14, 2022 Series A $30M 4 Horizon Kinetics LLC
Left Lane Capital
Detail
Dec 23, 2021 Debt Financing $6M Detail
Mar 9, 2021 Series Unknown $18M Detail

Investors

Number of Lead Investors
Number of Investors
2
4
Diamond Standard is funded by 4 investors. Horizon Kinetics LLC and Left Lane Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Horizon Kinetics LLC Yes Series A
Left Lane Capital Yes Series A
Republic Series A
Gaingels Series A

Employee Profiles

Number of Employee Profiles
2
Diamond Standard has 2 current employee profiles, including Executive Cormac Kinney
Executive
Executive