Ripple allows $280M in Diamond tokenization for XRPL

• Billiton Diamond partnered up with Ctrl Alt and Ripple to tokenize 280 million dollars worth of polished Diamonds.
• This project embeds certification data as well as real-time information on inventory, which allows approved parties to confirm the origin of goods and their ownership.

Billiton Diamonds, a Dubai-based diamond auction and management company, will tokenize AED 1 Billion ($280 M) in polished diamonds in the UAE using the XRP Ledger.

Billiton has partnered With Ctrl Alt, you can bring up the precious metals onchain. Ctrl Alt, a London based platform for tokenization has seen its technology used by governments and enterprises to tokenize assets in the real world. At the end of last month, Ctrl Alt had tokenized RWAs worth over $850 Million.

Billiton will be leading the project and exploring other ways it can utilize tokenization in order to reduce costs and increase efficiency. The company will introduce a platform which will integrate the certification information and inventory data in real time on to the representations on chain. It will allow any stakeholder in the supply chain the ability to check the origin, grading, and ownership of diamonds on XRPL.

Billiton will eventually list its tokenized diamonds both on the primary and secondary markets. This would allow retail traders as well as institutional investors to access these products. This detailed guide will help you to understand the basics of diamond trading. explainsThe tokenization of assets allows for fractional ownership, which is crucial to retail participation. Retail investors are unable to afford the $10,000 price tag of a single carat. Tokenized diamonds allow investors to buy diamonds that fit their budgets and sell them later at a higher price.

Diamonds in XRPL

Head of Middle East Africa announces new partnership RippleReece Merrick called it “a significant leap forward for the future of commodities tokenization.”

“This initiative shows how Ripple’s technology can bridge the gap between physical assets and the digital economy, utilising our enterprise-grade custody solution to secure high-value diamond assets with unrivalled trust and security,” He said.

Ripple supports Billiton Diamond with pride @CtrlAltCo The XRPL has tokenized more than AED 1 Billion ($280M) in certified polished diamonds.

The initiative shows you how to @Ripple‘s technology can bridge the gap between physical assets and the digital economy, utilising our…

— Reece Merrick (@reece_merrick) February 3, 2026

Global diamond sales were worth approximately $102 billion in 2010. projected The value will grow by 4 billion dollars this year, and then to 153 billion dollars in 2034. XRPL’s network can boost value by attracting this market and tokenizing assets.

Jamal Akhtar, owner of Billiton Diamonds commented on the comment.

This partnership converts polished diamonds into an investment-ready digital asset which supports brands, manufacturers and investors. Tokenization provides an unprecedented degree of transparency. This unlocks the potential for additional liquidity for traders and manufacturers.

The new partnership extends XRPL’s presence globally and follows just a single day after Ripple was granted an EMI License to distribute electronic money in the EU. reported.

XRP can be traded on $1.6, Dip 15% The markets have been hit with macro uncertainty and a liquidity crunch in the recent week.