Liquid Diamonds Inc

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City: New York

State: New York

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Country: United States

Liquid Diamonds is a B2B 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 i.e. we bring price discovery and liquidity to diamonds. We have a live and ready platform, we have paying customers and we have generated millions of dollars in transaction volume from the wholesale market - diamond manufacturers in Mumbai and Antwerp selling to diamond traders in NY. Liquid Diamonds is backed by Techstars and its founding team is comprised of UVA, UC Irvine and IIT Kanpur grads with deep connections within the diamond industry.

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