CEDEX Partners with U2 Diamonds to Issue ETF

A collaboration has been made between a blockchain diamond exchange, CEDEX and U2 Diamonds in establishing the first diamond exchange-traded fund (ETF). The CEO of CEDEX, Saar Levi explained, “This infrastructure with the increased security and efficiency the blockchain offers, will not only allow diamond holders to liquidate their assets at a fair price thanks to CEDEX’s price feed, but financial institutions will be able to trade diamonds at low carry cost and with a diversified risk profile that matches their trading strategies.”

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