The post Diamond Tokenization in Dubai: Ripple Custody On-Chain appeared on BitcoinEthereumNews.com. In Dubai, a new institutional pilot is using diamond tokenizationThe post Diamond Tokenization in Dubai: Ripple Custody On-Chain appeared on BitcoinEthereumNews.com. In Dubai, a new institutional pilot is using diamond tokenization

Diamond Tokenization in Dubai: Ripple Custody On-Chain

3 min read

In Dubai, a new institutional pilot is using diamond tokenization to move high-value stones on-chain while testing the limits of virtual asset regulation.

Over $280 million in polished diamonds moved on-chain

Billiton Diamond and tokenization firm Ctrl Alt have moved more than $280 million in certified polished diamonds on-chain in the UAE, using Ripple‘s custody technology and the XRP Ledger (XRPL).

The firms said they have already tokenized over AED 1 billion ($280 million) in polished diamond inventory held in the UAE. Moreover, each token is tied to physical stock of certified stones, positioning the project squarely in the real-world asset segment.

Institutional-grade pipeline awaiting VARA regulatory green light

The initiative is framed as an institutional-grade tokenization pipeline for polished stones, aimed at faster settlement and clearer diamond provenance data. However, a broader platform rollout and any move toward wider distribution will depend on approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

That said, the next phase is not purely technical. A full-scale launch, deeper liquidity and broader access to these polished stone tokens all require VARA regulatory approval before the project can move beyond its controlled pilot stage.

Ripple’s role: custody and infrastructure, not marketplace

The companies said Ripple‘s enterprise custody tools will secure the tokenized diamond inventory, while the XRPL will handle token issuance and transfers. In practice, that places Ripple at the infrastructure or plumbing layer rather than in the trading venue itself.

However, the harder challenge in tokenized commodities is rarely the minting of tokens. Instead, the real test is whether such assets can trade meaningfully with tight spreads, reliable pricing and clear diamond redemption mechanics for institutional users.

Key market details still unclear for polished diamond tokens

While the project is being positioned as a route to faster settlement and better transparency for polished diamond tokens, several crucial market parameters remain undisclosed. Moreover, investors still lack clarity on how an eventual trading venue would handle different stone grades and certificates.

The firms have pointed to a longer roadmap of lifecycle features such as custody, transfers and secondary market readiness. That said, they have not yet detailed how redemptions would work, what minimum lot sizes will be, or how pricing will be set for individual stones, all of which are critical for any institutional market.

XRPL and real-world asset push in Dubai

Within this structure, XRPL custody solutions are being used to underpin the token infrastructure while keeping the marketplace layer separate. However, the success of this approach will ultimately depend on whether institutional buyers and liquidity providers see enough transparency and operational clarity.

Dubai’s DMCC said it played a coordinating role by connecting stakeholders and supporting the broader ecosystem around commodities tokenization. Moreover, the emirate is pushing to make real-world assets, including polished stones, a sustainable business line rather than a one-off experiment.

Outlook for real-world asset tokenization of diamonds

As these polished stones move on-chain via diamond tokenization, the project highlights both the promise and the complexity of linking physical commodities to digital markets. However, without concrete details on trading, pricing and redemption, the initiative will remain a tightly controlled pilot rather than a fully tradable asset class.

For now, the combination of Ripple custody technology, UAE-based inventory and Dubai’s regulatory framework offers a high-profile test case for tokenized commodities. Its evolution over the coming phases will show whether institutional demand can match the technical ambition of the design.

Source: https://en.cryptonomist.ch/2026/02/03/diamond-tokenization-dubai-ripple/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Trump Denies Involvement in $500M Abu Dhabi WLFI Stake

Trump Denies Involvement in $500M Abu Dhabi WLFI Stake

The post Trump Denies Involvement in $500M Abu Dhabi WLFI Stake appeared on BitcoinEthereumNews.com. US President Donald Trump has denied knowledge of a reported
Share
BitcoinEthereumNews2026/02/03 23:26