INX (NEO: INXD), a digital asset trading platform, has listed a tokenized asset that is said to represent a sapphire worth $150 million.
According to a company statement, the Millennium Sapphire digital security, represents fractionalized ownership of the Millennium Sapphire, said to be the world’s largest sapphire,
The Millennium Sapphire project has also created NFTs of the stone and sold fractionalized ownership of the sapphire via a security token offering.
The Millennium Sapphire was discovered in Madagascar in 1995 and is 12.3 kg natural sapphire that was carved as a tribute to the creative genius of humanity. The original STO closed in November 2021 and is now tradable on INX.
INX’s CEO Shy Datika stated, “INX’s overall mission is to bring communities together and empower them with unique financial opportunities. He added that they anticipate adding more assets for trading such as fine art and other valuables.
The INX platform is a regulated ATS that is open for trading 24.7.
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