The developer of the world’s first customary diamond-investment product is launching a $50 million funding belief to make buying and selling the dear stones extra accessible to skilled buyers, the corporate mentioned.
Diamond Commonplace Co., a startup working to allow buyers to maintain diamonds of their portfolios, plans to create the Diamond Commonplace Trust in January. The funding agency Horizon Kinetics LLC is co-sponsoring the Diamond Commonplace Trust and can supply it to purchasers and different skilled buyers. Horizon has additionally invested in Diamond Commonplace.
