3Ex aimed to revolutionize the traditional diamond industry by addressing its core issues of opacity, illiquidity, and high transaction costs. The company's mission was to create a transparent and efficient marketplace by tokenizing physical diamonds, allowing them to be traded freely on a decentralized exchange built on a private blockchain. This model was intended to provide a standardized pricing mechanism and open up diamond trading to a wider audience, including traders, jewelry retailers, and individual consumers, thereby increasing liquidity and market accessibility. The project appears to have been active primarily between 2018 and 2019 before becoming dormant.

Founded in

Israel