Tech Company Financing Transactions
Diamond Standard Funding Round
Diamond Standard, based in New York, secured $30 million from Horizon Kinetics, Left Lane Capital and Gaingels.
Transaction Overview
Company Name
Announced On
4/13/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Proceeds Purpose
The Diamond Standard Coin has continued to generate a positive return this year, while the S&P 500 is down 14% and bitcoin is down 50%. Investors need a new uncorrelated asset class, and this capital will enable us to increase capacity and expand our offerings
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
565 Fifth Ave
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
Diamond Standard is the producer of the world's 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cormac Kinney
Chief Financial Officer
James Campbell
Chief Operating Officer
Doug Jordan
Chief Technical Officer
Rajiv Sohal
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