Lab-Grown Diamonds Just Got Smarter: Now They Can Store Your Bitcoin Value
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Lab-grown diamonds have long been seen as a more affordable and sustainable alternative to mined stones. Now, some lab-grown diamonds are taking on a new function: holding digital currency. VRAI's Bitcoin Diamond combines a lab-grown diamond with Bitcoin, creating a tangible luxury item with an embedded digital value.
How the Bitcoin Diamond Works
VRAI CEO Mona Akhavi told Benzinga that the concept started with a shift in consumer priorities.
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"The idea for the VRAI-created Bitcoin Diamond was born from recognizing a fundamental shift: today's consumers want their diamond not only to symbolize love, but also to be a transparent store of value," she said. "At VRAI, we saw an opportunity to innovate by merging the craftsmanship of a VRAI-created diamond with Bitcoin's status as digital gold, reimagining how a luxury purchase functions as a store of value and rainy day fund."
When a customer buys a Bitcoin Diamond, the difference in cost between a VRAI-created diamond and a similar mined diamond is used to buy Bitcoin, which is held securely for the buyer and recorded on the diamond's certificate.
"This creates a tangible asset that holds embedded digital value," Akhavi said. VRAI uses Coinbase as the custodian, providing what Akhavi describes as institutional-grade security.
Why Use Lab-Grown Diamonds for Digital Assets?
Akhavi told Benzinga that lab-grown diamonds have characteristics that make them easier to pair with digital assets than mined diamonds. They are produced under controlled conditions, allowing for precise verification of origin and quality. VRAI uses Gemprint technology to document each stone's details, which adds a layer of traceability for the Bitcoin integration.
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The Lab-Grown Diamond Market
The lab-grown diamond market has been growing steadily. In 2025, its global value was estimated at $29.7 billion, with projections suggesting it could exceed $97 billion by 2034, according to Precedence Research. These diamonds are generally less expensive than mined stones, with the average one-carat lab-grown diamond retailing for around $855, according to Statista, and they appeal to buyers concerned about environmental and social impacts.
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