The CEO Hoping to Turn Diamonds into Gold

The video discusses a new diamond trading platform that uses bars and coins embedded with wireless chips for authentication and trading. Each unit has a blockchain token, allowing it to be traded like digital currency. The platform is open source and aims to create a mass market similar to gold. It is regulated and has significant pre-orders from institutional investors. The platform is integrated with ETFs, creating a spot market for diamonds. The goal is to increase institutional investment in diamonds and provide a new store of wealth, with potential use in digital contracts and currencies.

What is the expected growth of diamonds held by institutional investors according to the text?

In what ways does the diamond commodity differ from traditional precious metals like gold?