Tech Company Financing Transactions

Diamond Standard Funding Round

Diamond Standard, based in New York, secured $30 million from Horizon Kinetics, Left Lane Capital and Gaingels.

Transaction Overview

Company Name
Announced On
4/13/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors

Horizon Kinetics (Lead Investor)

Left Lane Capital (Lead Investor)

Gaingels

Republic

Proceeds Purpose
The Diamond Standard Coin has continued to generate a positive return this year, while the S&P 500 is down 14% and bitcoin is down 50%. Investors need a new uncorrelated asset class, and this capital will enable us to increase capacity and expand our offerings

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
565 Fifth Ave
New York, NY 10017
USA
Email Address
Overview
Diamond Standard is the producer of the world's first diamond commodities. Diamond Standard is a technology developer, diamond market-maker and commodity producer, headquartered in New York City. Our futures contracts, in development with MIAX to list on MGEX via the CME Globex Platform®, are regulated by the U.S. CFTC, and subject to its approval. Our Diamond Standard Trust ETF, in development to list on the NYSE, is regulated by the U.S. SEC, and subject to its approval.
Profile
Diamond Standard LinkedIn Company Profile
Social Media
Diamond Standard Company Twitter Account
Company News
Diamond Standard News
Facebook
Diamond Standard on Facebook
YouTube
Diamond Standard on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Cormac Kinney
  Cormac Kinney LinkedIn Profile  Cormac Kinney Twitter Account  Cormac Kinney News  Cormac Kinney on Facebook
Chief Financial Officer
James Campbell
  James Campbell LinkedIn Profile  James Campbell Twitter Account  James Campbell News  James Campbell on Facebook
Chief Operating Officer
Doug Jordan
  Doug Jordan LinkedIn Profile  Doug Jordan Twitter Account  Doug Jordan News  Doug Jordan on Facebook
Chief Technical Officer
Rajiv Sohal
  Rajiv Sohal LinkedIn Profile  Rajiv Sohal Twitter Account  Rajiv Sohal News  Rajiv Sohal on Facebook


 

 

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Our team works diligently to record every notable VC transaction. All VC database entries on this site are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 


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