Ripple Tokenizes $280 Million In Dubai Diamonds—Here's How It Works

Through a partnership with Billiton Diamond and tokenization firm Ctrl Alt, Ripple-backed custody technology secured $280 million in polished diamonds on the XRP XRP - $1.592 (CRYPTO: XRP XRP - $1.592 Ledger, the companies announced Tuesday in Dubai. The Diamond Tokenization Setup Billiton Diamond and Ctrl Alt moved over AED 1 billion ($280 million) worth of certified polished diamonds on-chain in the UAE.

Source: benzinga.com

Related symbols: DMDUSD

2026-02-03 13:18:02 GMT.

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Price & Market Data

Price: $1.592

Volume 24h: $4,056,302,643.23

Market Cap: $96,895,641,981.68

Description

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,985,752,852 with 60,331,635,327 in circulation. The last known price of XRP is 2.05806105 USD and is down -2.06 over the last 24 hours. It is currently trading on 1765 active market(s) with $2,607,032,419.93 traded over the last 24 hours. More information can be found at https://xrpl.org/.