Ripple leads UAE tokenization project to move more than AED 1 billion of diamonds on-chain
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Ripple is leading a UAE-based project that has successfully moved over AED 1 billion worth of tokenized polished diamonds onto the XRP Ledger. The initiative involves a partnership between auction house Billiton Diamond and UK tokenization service provider Ctrl Alt, which aims to tokenize approximately $280 million in diamonds, as announced in a press statement on Tuesday.
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