Diamond Standard Fund, Oasis Pro Inc. and InvestaX Join Hands to Make Diamonds an Investable Asset Class in Asian Markets
Linh Tran

Singapore, July 17, 2024 - Diamond Standard Fund (“Fund”), in collaboration with Oasis Pro Inc, and InvestaX, announces the launch of the Fund on InvestaX, a Singapore-licensed broker-dealer and secondary exchange. This strategic move expands access to the Fund for qualified investors in Asia - home to active diamond markets such as Hong Kong, UAE, China, and Japan. 

The Fund allows investors access to an approximately $1.2T natural resource through an asset-backed coin licensed by Diamond Standard Commodities, overcoming high entry barriers and lack of standardization in the diamond market. 

Co-sponsored by DSAM LLC and Horizon Diamond Advisers, LLC, the Fund was originally tokenized by Oasis Pro. The Fund is benchmarked to the Diamond Standard Index, DIAMINDX, published by Bloomberg. It is now expanding its distribution to Asia, leveraging InvestaX’s platform. 

Why Diamond Standard Fund?

Globally, diamonds see significantly lower investor ownership (1-2% investor-owned) compared to traditional precious metals such as gold (32%) and silver (19%). More broadly, although individuals control over half of global wealth, only a small fraction (around 5%) is invested in alternative assets such as diamonds. A Bain study reveals that 53% of individual investors with $5 million or more in assets plan to increase their allocation to alternative assets to improve diversification and seek higher returns. 

To address this market inefficiency, the Fund enables qualified investors to buy shares in a pool of diamonds at an affordable minimum through a tokenized fund structure. The Fund prioritizes transparency and security with monthly valuations, independent custody vaulting, and third-party administration. It targets sophisticated investors seeking diversification with diamonds' potential as a low-volatility, inflation-resistant hard asset. 

“We see the Diamond Standard Fund as an easy and cost-effective way for investors in the Asia market to diversify their portfolios with natural diamonds. It's a sophisticated option for wealth preservation and growth, tailored to meet the needs of modern investors.” - said Doug Jordan, President, DSAM LLC.

This strategic alliance between Diamond Standard, Oasis Pro Inc., and InvestaX fosters the convergence of TradFi and DeFi, offering investors with greater access to high-value investment opportunities by capitalizing on the revolutionary power of blockchain technology. 

“The Diamond Standard tokenized fund is a great example of new investment products being pushed out through tokenization strategies across many asset classes. This is the ETF moment for the private markets, bringing in new value propositions and alternatives for more investors.” - said Julian Kwan, CEO and Co-Founder of InvestaX. 

Investors can invest in units reflecting the value of diamond commodities held by the Fund through InvestaX’s Singapore-licensed marketplace. To learn more, please visit InvestaX.  

About Diamond Standard Fund

Diamond Standard Fund is the creator of the world's first regulated diamond commodity. By unlocking diamonds as a market-traded asset, the Fund helps investors to access a natural resource currently worth $1.2 trillion – more than all the world's silver and platinum combined. 

About Oasis Pro Inc. 

Oasis Pro is a global fintech infrastructure provider for real-world assets and digital securities. Oasis Pro provides an end-to-end solution guiding traditional financial institutions and sophisticated investors in the evolution of alternative asset investing. Oasis Pro's subsidiary, Oasis Pro Markets, is a FINRA member firm. It is a full-service investment bank that operates a multi-asset Alternative Trading System (ATS) to allow the trading of public and private multi-asset digital securities.

About InvestaX

InvestaX is a Singapore-licensed tokenization software-as-a-service (SaaS) platform that offers a complete and regulatory-compliant solution for tokenizing real world assets. InvestaX holds a Capital Markets Services license and a Recognized Market Operator license from the Monetary Authority of Singapore (MAS) to deal in and operate an organized market for RWA tokens, respectively.

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