The post Billiton and Ctrl Alt Tokenize Over $280 Million Worth Diamonds appeared on BitcoinEthereumNews.com. Tokenization of commodities sees to be an emergingThe post Billiton and Ctrl Alt Tokenize Over $280 Million Worth Diamonds appeared on BitcoinEthereumNews.com. Tokenization of commodities sees to be an emerging

Billiton and Ctrl Alt Tokenize Over $280 Million Worth Diamonds

4 min read

Tokenization of commodities sees to be an emerging trend in the booming RWA market. After all the attention that tokenized gold coin has created via XAUT, now it’s on diamonds.

In a landmark initiative that bridges the centuries-old diamond trade with modern blockchain infrastructure, Billiton Diamond and tokenization firm Ctrl Alt have jointly tokenized over $280 million (AED 1 billion+) worth of certified polished diamonds held in the UAE.

The move represents one of the largest real-world asset (RWA) tokenization efforts in the luxury commodities sector to date.

This tokenization attempt is expected to shorten working capital cycles for manufacturers and traders, reduce operational friction. With the  tokenized polished diamond sales planned too in the coming phases of the initiative, it will ensure broader market participation.

Over time, Biliton will launch a tokenized diamond platform to support both primary issuance and secondary market trading.

Here’s How

Tokenizing $280 Million of Diamonds – Here’s How

Billiton Diamond FZCO is a Dubai-based diamond management and auction services firm that operates across both rough and polished diamonds. It is best known for running structured diamond auctions, including a Vickrey auction model. Meanwhile, Ctrl Alt is a web3 native infrastructure provider firmss.

Under the collaboration, Billiton supplies certified polished diamond inventory from approved partners, while Ctrl Alt provides the end-to-end tokenization infrastructure that moves these physical assets on-chain.

Each polished diamond is then digitally represented through a blockchain-based token. This token will be linked to real-time inventory data, grading certificates, provenance records, and ownership history, creating a verifiable digital twin of the physical stone.

Source: Linkedin Post

Billiton and Ctrl+Alt have chosen XRP Ledger (XRPL),  for the minting of these tokens. XRP Ledger (XRPL) is chosen for its fast settlement and low transaction costs, while enterprise-grade custody is handled using Ripple’s custody technology to ensure secure management of the underlying assets.

Also Read: CoinGape Announces Winners of Crypto Impact Awards 2025

This structure will allow diamonds considered traditionally illiquid and slow to transact, to be held, transferred, and traded easily. There are also possibilies of future secondary-market activity given regulatory approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

Boom for Commodities Market in RWA?

The Billiton–Ctrl Alt initiative lands at a time when commodities are emerging as a major pillar of the real-world asset (RWA) market.

As of writing, tokenized RWAs are valued at roughly $23.5 billion, with commodities accounting for about $4.7 billion. This is just over 20% of the total RWA market, according to rwa.xyz data.

Also Read: Inside Tokenized Gold Market

And now, the $280 million+ in tokenized polished diamonds represents around 1.2% of the entire RWA market and approximately 6% of the tokenized commodities segment.

Thus, this makes it one of the largest single diamond-focused tokenization efforts to date. While blockchain has previously been used for diamond traceability and provenance—through platforms such as De Beers’ Tracr and Everledger—large-scale tokenization of investment-grade polished diamond inventory has remained limited.

The Billiton–Ctrl Alt collaboration therefore marks a meaningful shift. They might be a start to moving diamonds from a niche, illiquid luxury asset toward a verifiable, on-chain commodity within the fast-growing RWA ecosystem.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy,
our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes
and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Source: https://coingape.com/block-of-fame/pulse/big-rwa-move-billiton-and-ctrl-alt-tokenize-over-280-million-worth-diamonds/

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 service@support.mexc.com 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

SEC Approves Generic ETF Standards for Digital Assets Market

SEC Approves Generic ETF Standards for Digital Assets Market

The United States Securities and Exchange Commission (SEC) has approved new rules for listing Commodity-Based Trust Shares, which now cover digital assets, including cryptocurrencies. The decision will now make it easier and faster for exchange-traded funds (ETFs) to get approved, allowing for more assets beyond just Bitcoin and Ethereum, while still protecting investors.  This recently announced action, under the leadership of Chairman Paul Atkins, represents a shift from previous approaches, making the market more transparent and more attractive to investors. SEC’s Landmark Rule Change The SEC’s new rules apply to major stock exchanges like Nasdaq, NYSE Arca, and Cboe BZX. These rules enable the listing and trading of exchange-traded funds (ETFs) and other similar products that hold real commodities, including digital assets, without requiring separate approval for each one. Qualifying security products can now be approved more quickly under Rule 19b-4(e). If specific requirements are met, the approval process can be completed in as little as 75 days. This method involves rigorous market monitoring, strict custody rules, and enhanced disclosures. To qualify for the faster process, a digital asset must be traded on a regulated market and should have at least six months of trading history on a designated futures market. Alternatively, it can be part of an existing ETF with at least 40% of its net asset value (NAV) in that asset. Impact on Digital Assets Market The change is essential because it shows that the SEC is being less cautious about crypto ETFs. In the past, the SEC took a long time to review these products because it was worried about market manipulation and wanted to protect investors. Now, new general standards will allow more crypto products to be approved without needing individual reviews for each one. The U.S. is moving closer to the European Union’s MiCA framework and Hong Kong’s crypto licensing rules. The shift will help to strengthen the U.S.’s role in regulating digital assets. Under Chairman Paul Atkins, the government has made it easier for investors in the crypto space by lowering regulatory hurdles. For example, earlier this month, in July, the SEC provided clear rules about what must be disclosed for crypto exchange-traded products. This guidance clarifies how federal securities laws apply, encouraging innovation while remaining compliant.  These actions, under Atkins’ leadership, represent a shift from previous approaches, making the market more transparent and more attractive for investors. The post SEC Approves Generic ETF Standards for Digital Assets Market appeared first on Cointab.
Share
Coinstats2025/09/18 15:24
MemeCon 2025: A Gala Night for Web3 Culture & Creativity in Singapore

MemeCon 2025: A Gala Night for Web3 Culture & Creativity in Singapore

The post MemeCon 2025: A Gala Night for Web3 Culture & Creativity in Singapore appeared on BitcoinEthereumNews.com. Singapore, September 29, 2025 – MemeCon is back to celebrate the power of creativity, culture, and humor in shaping Web3. Sponsored by the Global Blockchain Show, and powered by CryptoMoonPress, MemeCon transforms memes into cultural drivers and community-building tools. MemeCon is not just another conference. It is a movement where creators, marketers, and brands come together to explore how memes can influence markets, create identities, and spark conversations across the decentralized space. Past editions, including Meme Frenzy 2024, have proven that memes are much more than fleeting viral entertainment. In fact, they are tools of influence. This year’s event will feature panels, keynotes, and community-driven showcases. Attendees will experience how memes fuel engagement, strengthen communities, and transform crypto culture into a shared language. What makes MemeCon unique is its ability to elevate meme creators into cultural leaders. It goes beyond being one-off campaigns, and is about long-term storytelling and community engagement. From live activations to viral collaborations, MemeCon provides the platform where creative energy meets Web3 innovation. Who can join MemeCon: Web3 creators, marketers, and community builders NFT projects, DeFi teams, and crypto startups Influencers, KOLs, and social media strategists MemeCon envisions a world where memes shape the cultural heartbeat of Web3. By attending, participants gain access to a unique community that blends humor with innovation, where memes can move both markets and minds. Join us in Singapore for MemeCon where memes become movements and creativity leads connection. Venue: Guoco Midtown, Singapore Contact: [email protected] Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a…
Share
BitcoinEthereumNews2025/09/19 16:03
Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Verizon Recognizes Victra for Industry-Leading Excellence in Store Design and Brand Compliance. RALEIGH, N.C., Feb. 3, 2026 /PRNewswire/ — Verizon has named Victra
Share
AI Journal2026/02/03 20:49