Billiton Diamond Tokenizes $280M on XRP Ledger
Billiton and Ctrl Alt bring $280M+ in diamonds onchain using XRP Ledger and Ripple’s custody tech.
- Billiton tokenizes $280M+ certified diamonds
- XRP Ledger and Ripple custody power the system
- Ctrl Alt enables onchain diamond investments
In a bold move merging tradition with innovation, Billiton Diamond, in partnership with Ctrl Alt, is bringing over $280 million worth of certified diamonds onto the XRP Ledger. This milestone marks one of the largest real-world asset tokenizations in the luxury goods sector.
Using Ripple’s enterprise-grade custody technology, the project ensures secure management and tracking of these high-value diamonds while unlocking new digital investment opportunities for global users.
Investors can now access fractional ownership of certified diamonds, breaking traditional barriers and enabling a more inclusive and liquid diamond market.
XRPL and Ripple Power Secure, Scalable Tokenization
The XRP Ledger (XRPL) is chosen for its speed, cost-efficiency, and scalability — crucial factors for high-value asset transactions. Ripple’s custody infrastructure guarantees institutional-level security, allowing investors to trust the onchain representation of physical assets.
Ctrl Alt, a leader in asset tokenization technology, builds the framework that enables secure issuance, transfer, and settlement of diamond tokens. Combined with Billiton’s supply of certified diamonds, the collaboration builds a trusted digital bridge to real-world value.
Diamonds for the Digital Age
This initiative doesn’t just digitize diamonds — it redefines how they are owned and traded. By leveraging blockchain’s transparency and traceability, the project enhances provenance tracking, mitigates fraud, and introduces global liquidity to a historically opaque market.
Tokenization through XRPL and Ripple custody introduces a new investment class — one that blends the permanence of real assets with the flexibility and accessibility of blockchain.
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