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At the time when banks were collapsing last weekend and a major stablecoin depegged, tokenized diamond sales jumped 300%.
Investors turned their focus to digitized diamonds in search of safe haven amid high market volatility brought on by the collapse of no less than three banks in the United States. CoinDesk reported that Diamond Standard saw a surge in its marketplace following these bank closures. …
Read More: Tokenized Diamond Market Booms Amid Crypto Banking Crisis as Investors Seek Hard Assets – Here’s What You Need to Know
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