Through a partnership with Billiton Diamond and tokenization firm Ctrl Alt, Ripple-backed custody technology secured $280 million in polished diamonds on the XRP (CRYPTO: XRP) 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.
Ripple Tokenizes $280 Million In Dubai Diamonds—Here's How It Works
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Billiton Diamond and tokenization firm Ctrl Alt tokenize AED 1 billion ($280 million) of certified polished diamonds on the XRP Ledger; Ripple-backed custody technology secures the on-chain holdings, companies said Tuesday in Dubai.
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