Crypto Company Investment Opportunity in Limassol, Cyprus

Crypto-currency backed by diamonds business with 3,500+ users with audited vaults.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.3 million
EBITDA Margin
30 %
Industries
Locations
Local Time
2:00 AM Cyprus
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 1.1 million for 25.0% stake (Native Currency: EUR 1,000,000)
Reason: Go to market.
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- A crypto-currency business that started operations in 2018.

- We have developed our own crypto-currency that is backed by diamonds.

- How the process works: Customers register on our platform and convert their already existing crypto-currency to our crypto-currency that is backed by diamonds.

- Once converted, we purchase and store the equivalent value of diamonds in our vault.

- Users can cash out whenever they want and get their diamonds delivered to them at their doorstep.

- One unit of of crypto-currency is equivalent to 1 USD.

- By having the currency backed by diamonds, it reduces the volatility and helps keep investments secure.

- The diamonds are purchased from 7,000 certified manufacturers from across the world.

- The diamonds are stored in 5 different vaults that are audited by IDEX and local authorities.

- Have 1,500 users post 1 month of launching.

- Received an award for most investable company.

Products & Services Overview

Crypto-currency backed by diamonds, crypto-wallet services, doorstep delivery of diamonds.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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