Crypto securities trading platform Oasis Pro launches diamond-based tokenized fund on Avalanche C-chain
PANews reported on March 27 that according to CoinDesk, a new diamond-based tokenization fund was launched on the Avalanche network, marking the continued craze of physical asset tokenization in the encryption industry. This fund was jointly launched by Oasis Pro, a cryptocurrency securities trading platform, Diamond Standard Commodities and Horizon Kinetics, aiming to make natural resources worth approximately US$1.2 trillion available to investors through a more convenient and tradable fund form. The fund complies with the ERC-3643 token standard and is designed to provide investment access to institutional investors, including pension funds and endowments, as well as U.S. Individual Retirement Accounts (IRAs).
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