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Bloomberg Commodities Edge, Aug. 19 2021 with Cormac Kinney, Founder and CEO of Diamond Standard Co.
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Bloomberg's Alix Steel interviews Cormac Kinney, to learn more about Diamond Standard, the first regulator approved diamond commodity. How the commodity provides transparency, price discovery, and liquidity, enabling investors to acquire $200 billion, or 15%, of diamonds. How the diamonds are purchased in a public exchange process. And how Diamond Standard is making diamonds green, acquiring the majority of diamonds from consumers at a fair price.