“Our investors, who very often have gold in their portfolios, sees diamond as something that is uncorrelated to other assets,” providing them an opportunity for diversification and hedging, he said. Kinney noted that the price of diamond is still playing catch-up with other precious metals, opening doors for investors to participate in the appreciation.
Source: https://www.coindesk.com/business/2023/03/16/investors-flock-to-tokenized-diamond-as-crypto-banking-crisis-props-hard-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines