A bit of stability when assets and markets move in volatile ways every which way. Following the initial sale, the market price of the diamond coin will be established by independent trading on various digital exchanges. Like gold, there will be a daily fix, used to settle the futures and options, report the net-asset-value for any securities, and mark-to-market institutional funds. Above, A staff holds a D colour, internally flawless rectangular step-cut diamond of 100.94 carats during a preview at Christie's before its auction sale in Geneva, Switzerland, May 7, 2021.
Reuters