GIA Acquires 30% Shareholding in Diamond Provenance Blockchain Platform Tracr
Summary
GIA has agreed to acquire a 30% stake in Tracr, the blockchain platform De Beers developed for diamond provenance and traceability. The deal moves Tracr toward becoming an independent, industry-wide infrastructure for the natural diamond market. GIA plans to deepen its role by linking provenance data from Tracr with its diamond grading reports. The investment strengthens Tracr’s credibility and supports efforts to scale the platform across more producers and the broader diamond value chain.
Classifications
industries
No industries detected
applications
E-Commerce & Retail
AskAI Classifications
Labels
Supply Chain Software
Blockchain Software
Traceability Software
Linked Companies
De Beers Group
$1B+