Details

Last Funding Type

Series A

Industries

Blockchain,Financial Exchanges,Financial Services,FinTech,Trading Platform

Founded date

Jan 1, 2017

Number Of Employee

11 - 50

Operating Status

Close

Legal Name

CEDEX TRADING UK LIMITED

Also Known As

CEDEX

CEDEX aims to turn diamonds into a new financial asset class by creating a diamond commodity exchange for trading and investing in diamonds for retail and institutional traders. In this way, CEDEX successfully bridges the gap between existing financial markets and the diamond industry. CEDEX’s pioneering approach allows everyone to easily and securely trade diamonds, without having any prior knowledge of diamonds, or their valuation. Powered by both our proprietary technology (the “DEX”) and blockchain infrastructure, the platform provides investment tools for its users that indicate fair market prices and proposition attractiveness levels.

In November 2018, CEDEX has launched a live Beta operative exchange featuring: Proprietary orderbook and multicurrency matching engine; Advanced trading functionalities (automated multiple bid system); Asset tokenization and mobilization ability through centralized wallet system; Diamonds categories featuring different investment and risk profiles; Over 3,000 listed diamond assets with constantly updated inventory; API connectivity to 1,000 diamond suppliers; Direct API connectivity to the GIA and Full verification and custodian process for each diamond.

The exchange offers several categories of diamonds to cater to different users’ risk profiles, spanning from volatile to conservative. CEDEX intends to launch advanced and derivative-based products in the near future.The exchange offers several categories of diamonds to cater to different users’ risk profiles, spanning from volatile to conservative.