August 27, 2019
Cedex Holdings Limited (“CEDEX”) is pleased to announce its intention to form a new joint venture with U2 Diamonds Limited (“U2”)
that will bring us a step closer towards achieving our vision of transforming diamonds into a new financial asset class.
The joint venture will undertake the following:
Marketing of polished diamond indices to ETF and Future issuers.
Enhance the Advanced Diamond Index accuracy based on the CEDEX proprietary algorithm DEX price feed.
Will jointly promote and market the advanced diamond Indices to market participants.