Ronen Priewer and Saar Levi founded it.
CEDEX is a blockchain-based trading platform. As of the time of launch, it will comprise over 2000 diamonds in specific categories. First, it’s important to understand the issues that the diamond industry currently faces.
CEDEX is the First Ever Certified Blockchain Based Diamond Exchange - CEDEX.com
First, it’s important to understand the issues that the diamond industry currently faces. In January 2018, there was a token presale.
Cedex is a certified diamond exchange based on the blockchain technology that transforms diamonds into a new asset class. CEDEX is a global, digital diamond exchange, focused on transforming diamonds into a new financial asset class. The CEDEX Diamond Exchange-Traded Fund (ETF) Explained CEDEX will soon be launching a diamond exchange-traded fund (ETF). As of March 28th 2019, they have secured more than $50 million worth of diamonds, and plan to incorporate blockchain technology with machine learning to turn diamonds into a tradable asset class. CEDEX is one of those innovative projects – a blockchain-based diamond exchange with a novel approach to the diamond financial market. CEDEX established business relations with diamond dealers in order for them to supply the initial diamond inventory on the CEDEX platform. ... We are delighted to have played a pivotal part in the launch of the first blockchain-based diamond exchange in the world.
Exchange November 28, ... the holding company for the CEDEX blockchain-based online exchange for diamonds. CEDEX aims to turn diamonds into a new financial asset class by creating a diamond commodity exchange for trading and investing in diamonds for retail and institutional traders. Cedex is a global diamond exchange that aims to bridge the gap between the traditional diamond industry and new financial markets. What is Cedex? The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewelry industry. […] The goal, according to the website, is to “engineer a ground-breaking exchange – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.” CEDEX is one of those innovative projects – a blockchain-based diamond exchange with a novel approach to the diamond financial market.
CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. CEDEX Holdings Limited (“CEDEX”) and U2 Diamonds (“U2”) have entered into a joint venture to support issuers that are looking to issue the first diamond ETF.
All the transactions on the platform were completed in the Cedex … In order to ensure trust, the exchange also … The CEDEX exchange allows investors to easily and securely trade in diamonds, while enabling diamond holders to effortlessly liquidate their assets. TechFinancials a listed fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, is pleased to announce that the CEDEX blockchain diamond exchange, CEDEX, has gone live in Beta mode, allowing investors to trade diamonds as a financial asset class.
They may be a girl’s best friend, but diamond dealers and investors are going to love CEDEX, the first certified diamond exchange to be built using blockchain technology.
In this way, CEDEX successfully bridges the gap between existing financial markets and the diamond industry.
CEDEX Holdings Limited (“CEDEX”) and U2 Diamonds (“U2”) have entered into a joint venture to support issuers that are looking to issue the first diamond ETF. Using innovative tools and Blockchain technology, CEDEX has overcome the obstacles that have prevented diamonds from becoming a tradable asset class: transparency, liquidity and standardization.
CEDEX is a global, digital diamond exchange, focused on transforming diamonds into a new financial asset class.
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