Diamond Standard Fund's Security Token Listed on Oasis Pro Markets

Binance News · 2024-03-27T12:08:15.000Z

According to CoinDesk, the security token backed by the Diamond Standard Fund is now listed on the regulated Oasis Pro Markets, making it eligible for IRAs and available for institutional investors such as pension funds and endowments. The listing allows investors to access the $1.2 trillion natural resource through a more convenient, tradable fund, according to Cormac Kinney, founder and CEO of Diamond Standard. Crypto securities trading platform Oasis Pro created a token on the Avalanche C-Chain that represents a stake in the Diamond Standard Fund, a product sponsored by Diamond Standard Commodities and Horizon Kinetics. The new offering comes as real-world asset (RWA) tokenization, which involves placing traditional assets like gold, credit, and bonds on blockchains in the form of a token, has gained popularity over the past year. Global traditional finance giants such as Franklin Templeton and HSBC have participated in tokenization-related pilot projects or started offering services. The Diamond Standard Fund, benchmarked to Bloomberg's Diamond Standard Index (DIAMINDX), is structured to be accessible to pension funds and endowments, as well as being eligible for U.S. retirement accounts known as IRAs. The token adopted the ERC-3643 token standard, an open-source suite of smart contracts that allows the issuance, management, and transfer of permissioned tokens tailored for tokenized assets. John Wu, president of Ava Labs, the ecosystem development organization behind Avalanche, said that tokenizing diamonds and offering exposure through a fund structure on Avalanche is a great example of how blockchain can bring transparency and efficiency to an asset class that was previously opaque and inaccessible for institutions.

据 CoinDesk 称，由 Diamond Standard Fund 支持的证券代币现已在受监管的 Oasis Pro Markets 上市，使其符合 IRA 资格，并可供养老基金和捐赠基金等机构投资者使用。 Diamond Standard 创始人兼首席执行官 Cormac Kinney 表示，此次上市使投资者能够通过更方便的可交易基金获得价值 1.2 万亿美元的自然资源。
加密证券交易平台 Oasis Pro 在 Avalanche C 链上创建了一种代币，代表 Diamond Standard Fund 的股份，该基金是由 Diamond Standard Commodities 和 Horizo​​n Kinetics 赞助的产品。新产品推出之际，现实世界资产（RWA）代币化在过去一年中受到了欢迎，该代币化涉及以代币形式将黄金、信贷和债券等传统资产放在区块链上。富兰克林邓普顿、汇丰银行等全球传统金融巨头已参与代币化相关试点项目或开始提供服务。
钻石标准基金以彭博钻石标准指数 (DIAMINDX) 为基准，其结构设计为可供养老基金和捐赠基金使用，也符合美国退休账户 (IRA) 的资格。该代币采用 ERC-3643 代币标准，这是一套开源智能合约，允许发行、管理和转让针对代币化资产量身定制的许可代币。Avalanche 背后的生态系统开发组织 Ava Labs 总裁 John Wu 表示，将钻石代币化并通过 Avalanche 上的基金结构提供敞口是一个很好的例子，说明区块链如何为以前不透明且机构无法访问的资产类别带来透明度和效率。

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