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International Business Times
International Business Times
Marvie Basilan

EXCLUSIVE: Diamond Standard Partners With Simplex, Bridging The Fiat-Crypto Gap For Global CARATS Access

Upon receipt, CARATS can be sold to a local agent in exchange for local currency. (Credit: Diamond Standard Co)

KEY POINTS

  • The partnership allows for purchasing CARATS using most cryptocurrencies
  • Simplex by Nuvei will also be integrated into the upcoming CARATS mobile app
  • Diamond Standard's CARATS was listed on crypto exchange Bitrue in March

Diamond Standard Co., the company behind the world's "only regulated and market-traded natural diamond commodities" called CARATS™, has just announced a partnership with fiat and crypto payment gateway Simplex by Nuvei to allow for seamless payment solutions, digital assets included, for holders of CARATS.

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