Diamond Standard

Primary ticker: Private
Stage of development: Production
Primary minerals: Diamonds
Project to promote: Diamond Standard Fund
Project location: USA
Website: diamondstandard.co and www.fund.diamondstandard.co
Corporate video: Click here

Corporate Presentation: Click here

Diamond Standard Fund Overview

Diamond Standard is the creator of the world’s first and only regulated diamond commodity. By unlocking diamonds as a market-traded asset, we help investors to access a natural resource currently worth $1.2 trillion – more than all the world’s silver and platinum combined. A breakthrough hard asset that can be transacted as a blockchain token, the diamond commodity provides diversification, potential inflation protection, and a new store of wealth for institutional and individual investors while bringing transparency and efficiency to the diamond supply chain.

 

Major shareholders:
Horizon Kinetics
Management Ownership – 60%

Management Profile

Cormac Kinney – Founder & CEO

Cormac Kinney: With innovations cited in nearly 4,000 Patents, Cormac Kinney has been the founder of four startups acquired by public companies, and raised over $600 million from investors. A quant finance pioneer; he invented heatmaps, designed over 100 institutional trading systems, and perfected sentiment analysis. Now he is solving the challenge of creating a standardized diamond commodity. MSc. and BSc. from Carnegie Mellon.

 

Silvana Da Luca – Managing Director

Silvana Da Luca: Silvana’s expertise includes strategic and investor relations for companies in the marketing, hospitality, and fintech (specifically blockchain) sectors. Her background is a combination of entrepreneurial and corporate experiences; she’s worked on three continents, built two successful businesses, and established ventures all over the world. She is the founder of TBWA Bulgaria (exited to Omnicom Group), and the founder of two nonprofit organizations, and a social enterprise in New York.

What is your rationale for taking part 121 Mining Investment?

We seek to connect with investors – we are raising funds for the Diamond Standard Fund.

What recent news would you like to highlight to investors attending?

NEW YORK, May 2, 2022 — Diamond Standard and Horizon Kinetics announce the launch of Diamond Standard Fund.

Diamond Standard Fund acquires and holds Diamond Standard Coins and Bars–the first and only regulator-approved diamond commodities. By managing trading and custody, the Fund enables investors to allocate diamonds conveniently via shares, making this brilliant asset accessible to IRAs, funds, and investors who cannot hold commodities directly. The initial offering is capped at $500 million.

 

Due to the prior lack of investment products, while gold gained 500% over the last 20 years, diamonds were flat. But more recently, in the 18 months since the approval of the Diamond Standard Coin, diamond values have soared, outperforming gold by over 40%, and even the S&P 500. Diamonds are a historically uncorrelated and inflation-resistant natural resource with unique potential for appreciation, as they are acquired by more investors.

 

“Diamonds are an exciting store of wealth, hedge, and speculative asset, when investors need it most. Diamond Standard Coins and Bars finally unlocked diamonds as an asset class, but most investors simply can’t hold physical commodities. The Diamond Standard Fund removes that hurdle,” said Cormac Kinney, Founder & CEO of Diamond Standard.

 

The Fund will participate in the $75 million initial offering of the Diamond Standard Bar, a special one-time event where Diamond Standard bids globally to buy a statistical sample of 0.76 to 2.05 carat diamonds, to permanently calibrate the bar’s geological contents. The co-sponsor of the Diamond Standard Fund is Horizon Diamond Advisors LLC, a subsidiary of Horizon Kinetics LLC. Horizon Kinetics LLC is parent company to Horizon Kinetics Asset Management LLC, a registered investment adviser formed in 1994 that has discretionary management over approximately $8 billion in assets and which is the manager of the HK Inflation Beneficiaries ETF (symbol: INFL), which has over $1.4 billion in assets.

 

“The Diamond Standard Commodities are a perfect fit for the contrarian, innovation, value and inflation protection goals of Horizon Kinetics and like-minded investors.” said Murray Stahl, Co-Founder & CEO of Horizon Kinetics. Horizon Kinetics LLC is an investor in Diamond Standard Co., and its subsidiary, Horizon Diamond Advisors LLC, is a co-sponsor of the Fund. Diamond Standard is co-sponsoring the Fund through DSAM LLC. Diamond Standard Fund service providers include Brinks as custodian, U.S. Bank as administrator, Withum as auditor, and Katten as legal counsel. A deck and prospectus are available at fund.diamondstandard.co.

About Diamond Standard Co.


Diamond Standard Co. is the creator of the world’s only regulator-approved diamond commodities. By unlocking diamonds as a market-traded asset, Diamond Standard helps investors to access a natural resource currently worth $1.2 trillion – more than all the world’s silver and platinum combined. A breakthrough hard asset that can be transacted as a blockchain token, the diamond commodity provides diversification, potential inflation protection, and a new store of wealth for institutional and individual investors, while bringing transparency and efficiency to the diamond supply chain. To invest brilliantly, visit www.diamondstandard.co

About Horizon Kinetics


Horizon Kinetics LLC is the parent company of Horizon Asset Management LLC and Kinetics Asset Management LLC. Horizon Kinetics LLC is the parent company of Horizon Kinetics Asset Management LLC. Horizon Kinetics is an independently owned and operated investment boutique that adheres to a long-term, contrarian, fundamental value investment philosophy that the founders established 26 years ago at Bankers Trust Company. Horizon Kinetics has over 80 employees and offices in New York City and White Plains, New York. For more information, visit www.horizonkinetics.com

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Raise $500M for our Diamond Standard Fund.

 

6 Months:
Launch Futures on CME Globex (we have approval).

 

12 Months:
Launch an EFT on NYSE (approval pending).

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Lack of education – investors don’t know that diamonds are now available as a tradable asset. We seeks to educate the investment community, and believe that institutional investors will build positions in diamonds, they way they have done with other precious metals.

What do you think makes your company such a compelling investment?

Diamond Standard is first to market in a huge $1.2T (under-allocated natural resource) market. The Diamond Commodity is world’s first smart commodity. Diamonds have extremely low correlation to other assets and could be a hedge against inflation.

What are the top 3 key investor takeaways?

1. Diamond are available to investor (as a tradable asset) for the first time.
2. Increasing global demand and scarcity will continue to push prices of diamonds up (for the past 12 months, diamonds have returned 45%).
3. In times of inflation, commodities are strong, and now experts say that commodities have entered a supercycle.