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The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

Released Wednesday, 25th January 2023
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The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

The Brilliance of Diamonds As a Hard Asset w. Cormac Kinney

Wednesday, 25th January 2023
Good episode? Give it some love!
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Cormac Kinney is the Founder and CEO of Diamond Standard. Cormac has no shortage of achievements! Some noteworthy accomplishments include selling a company to Oracle in his senior year at Carnegie Mellon, coining the phrase “heat maps,” and being a pioneer in the field of financializing diamonds.

 

For thousands of years, people see diamonds as a valuable store of wealth. The diamond industry today is worth around $60 billion dollars a year.

 

Yet, the market is notorious for its complications and difficultly quantifying. Through his company, Diamond Standard, Cormac is changing that!

 

Diamond Standard was created as the world's first and only regulated diamond commodity. The company helps investors access this natural resource by unlocking diamonds as a market-traded asset.

 

Tune in today to hear about Cormac’s journey with Diamond Standard to date. You'll also learn what the financialization process of diamonds consists of. Cormac provides examples of how this impacts the market value of a commodity, and more! 


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