New York City based Diamond Standard is raising $25,000,000.00 in Debt Financing.
New York, NY – According to filings with the U.S. Securities and Exchange Commission, Diamond Standard is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Cormac Kinney played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Diamond Standard
Diamond Standard is the producer of the worlds first diamond commodities. Diamond Standard is a technology developer, diamond market-maker and commodity producer, headquartered in New York City. Our futures contracts, in development with MIAX to list on MGEX via the CME Globex Platform, are regulated by the U.S. CFTC, and subject to its approval. Our Diamond Standard Trust ETF, in development to list on the NYSE, is regulated by the U.S. SEC, and subject to its approval. Our goal is to unlock the potential of natural diamonds as a hard-asset for investors, like gold, silver, and platinum.
To learn more about Diamond Standard, visit http://www.diamondstandard.co/
Contact:
Cormac Kinney, Chief Executive Officer
646-926-7622
https://www.linkedin.com/in/cormackinney/
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