Liquid Diamonds is an online trading exchange for diamonds; think NASDAQ for diamonds.
Wholesale traders want a global exchange for diamonds. Brokerage houses would also like to offer diamonds as an alternative asset-class to investors, with diamond ETFs, futures and options. But, all of this has been impossible until now. Existing exchanges only work when the items being traded are identical/fungible, e.g. shares of stock or ounces of gold. Diamonds are neither identical nor fungible, and cannot reasonably be traded as though they are.
Our patented Universal Continuous Double Auction technology enables the benefits of a commodity exchange, without forcing a diamond to be interchangeable with any other. We are combining this with deep knowledge & connections within the industry, and providing a full gamut of clearing & settlement services.
Wholesale traders want a global exchange for diamonds. Brokerage houses would also like to offer diamonds as an alternative asset-class to investors, with diamond ETFs, futures and options. But, all of this has been impossible until now. Existing exchanges only work when the items being traded are identical/fungible, e.g. shares of stock or ounces of gold. Diamonds are neither identical nor fungible, and cannot reasonably be traded as though they are.
Our patented Universal Continuous Double Auction technology enables the benefits of a commodity exchange, without forcing a diamond to be interchangeable with any other. We are combining this with deep knowledge & connections within the industry, and providing a full gamut of clearing & settlement services.
Location: United States, New York
Employees: 1-10
Total raised: $1.1M
Founded date: 2017
Investors 3
Date | Name | Website |
- | Techstars | techstars.... |
- | peercheque | peercheque... |
- | New York A... | newyorkang... |
Funding Rounds 1
Date | Series | Amount | Investors |
23.05.2024 | - | $1.1M | - |
Mentions in press and media 5
Date | Title | Description |
31.05.2024 | Liquid Diamonds Raises Rs. 9 Crores in Funding | Liquid Diamonds Poised for Major Growth After Raising Rs. 9 Crores in Funding (PRNewsfoto/Liquid Diamonds) Liquid Diamonds, a Mumbai, India-based provider of a B2B diamond sourcing platform, raised Rs. 9 Crores ($1.1M) in funding. Backers i... |
23.05.2024 | Liquid Diamonds Raises $1.1M for its B2B Diamond Sourcing Platform | Despite the industry completing over $200B in diamond transactions annually, the diamond trade market is filled with opacity and a lack of liquidity. Much of the trade has been centered around a few key participants with a host of middlemen... |
- | Liquid Diamonds | “Join diamond and jewelry businesses empowering their buying teams with a new way to source diamonds using technology and data. Source diamonds with more confidence by increasing the turn on your inventory, get better prices with higher tru... |
- | Meet The 10 Startups In The First Cohort Of Techstars Bengaluru Accelerator | With Bengaluru ranked the 11th best startup city in the world, the city is home (or the second home at the very least) for many Indian and global startups. While US-based Y Combinator has been focussing equally on Indian startups as their c... |
- | Liquid Diamonds | “Source diamonds with more confidence by increasing the turn on your inventory, get better prices with higher trust and less effort with Liquid Diamonds.” |