The post Billiton and Ctrl Alt Tokenize Over $280 Million Worth Diamonds appeared on BitcoinEthereumNews.com.

Tokenization of commodities sees to be an emerging trend in the booming RWA market. After all the attention that tokenized gold coin has created via XAUT, now it’s on diamonds. In a landmark initiative that bridges the centuries-old diamond trade with modern blockchain infrastructure, Billiton Diamond and tokenization firm Ctrl Alt have jointly tokenized over $280 million (AED 1 billion+) worth of certified polished diamonds held in the UAE. The move represents one of the largest real-world asset (RWA) tokenization efforts in the luxury commodities sector to date. This tokenization attempt is expected to shorten working capital cycles for manufacturers and traders, reduce operational friction. With the  tokenized polished diamond sales planned too in the coming phases of the initiative, it will ensure broader market participation. Over time, Biliton will launch a tokenized diamond platform to support both primary issuance and secondary market trading. Here’s How Tokenizing $280 Million of Diamonds – Here’s How Billiton Diamond FZCO is a Dubai-based diamond management and auction services firm that operates across both rough and polished diamonds. It is best known for running structured diamond auctions, including a Vickrey auction model. Meanwhile, Ctrl Alt is a web3 native infrastructure provider firmss. Under the collaboration, Billiton supplies certified polished diamond inventory from approved partners, while Ctrl Alt provides the end-to-end tokenization infrastructure that moves these physical assets on-chain. Each polished diamond is then digitally represented through a blockchain-based token. This token will be linked to real-time inventory data, grading certificates, provenance records, and ownership history, creating a verifiable digital twin of the physical stone. Source: Linkedin Post Billiton and Ctrl+Alt have chosen XRP Ledger (XRPL),  for the minting of these tokens. XRP Ledger (XRPL) is chosen for its fast settlement and low transaction costs, while enterprise-grade custody is handled using Ripple’s custody technology to…

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Filed under: News - @ February 3, 2026 11:25 am