Carats.io Signs Partnership with World’s Second Biggest Diamond Exchange

[kreslik.news]

Carats.io, an Israeli blockchain startup, has signed a memorandum of understanding with IDEX, an international diamond trading platform.

Escrow company 

Under the terms of the parnership, the two entities will share data and cooperate in the development of investment options based on Carats.io’s cryptocurrency (CARAT) and diamond index (DFX).

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IDEX will also serve as an escrow company for Carats.io for up to $120 million worth of diamonds. This means that it will act as a neutral third party between those selling diamonds to Carats.io – specifically, companies that operate in jurisdictions where such transactions ... (read more)