CARAT is fractional ownership of Diamond Standard Coins and Bars: physical commodities each holding a standardized, GIA-graded set of natural diamonds, authenticated by embedded wireless chips and held with custodians including Brinks. One CARAT is title to 1/5000th of a Diamond Standard Coin, redeemable for the physical commodity from 5,000 CARAT. The program is regulated by the Bermuda Monetary Authority and audited by Deloitte; the reference price is the DIAMINDX benchmark published on Bloomberg and LSEG. Prism verified the token, supply and a live market on the Hedera network.
Fractional title to regulator-approved diamond commodities in Brinks custody.
Prism analyst note
The first diamond listing on Prism, and the only regulator-approved diamond commodity in tokenized form: physical GIA-graded stones sealed into chip-authenticated coins and bars, with CARAT as fractional title. Diamonds famously lacked a commodity market because no two stones were fungible; the standardized commodity plus the DIAMINDX benchmark is the first credible answer. Liquidity is thin and the float is small, so treat it as exposure to an early market, not a deep one.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Hedera and confirmed the symbol, decimals, and supply the issuer publishes.
- Last verified
- Sep 19, 2026
- Token contract
- 0.0.19…8126
- Custody
- Brinks and other approved vault custodians
Frequently asked
Is CARAT backed by real diamonds?+
CARAT is title to a fraction of a physical Diamond Standard Coin or Bar, each holding GIA-graded diamonds and held in approved vaults. The program is regulated by the Bermuda Monetary Authority and audited by Deloitte. Prism verifies the token, supply and live market on-chain, not the vault contents.
Why is this on Hedera rather than Ethereum?+
The issuer chose the Hedera network for the token. Note that an unrelated 2018 token on Ethereum also uses the CARAT ticker; it is a different, inactive project. The Hedera token 0.0.1958126 is the one Diamond Standard issues.









