Online diamond trading network RapNet has collaborated with the American Gem Trade Association (AGTA) to launch its Gemstone Trading Network for loose coloured gems.
The official launch is scheduled at the AGTA Gem Fair in Tucson next month. According to the company’s press service, the new trading platform highlights the growing significance of coloured stones within the global jewellery market and serves the evolving needs of the industry.
“We are thrilled to offer gem businesses the ability to connect and trade 24 hours a day,” said Saville Stern, COO of RapNet. “Our platform empowers sellers to reach a vast audience of buyers, while buyers can effortlessly find the perfect gemstone at the right price, anytime, anywhere. The collaboration with AGTA has been instrumental in creating a platform that meets the needs of the modern gem trade, and we are confident this partnership will drive success for gem buyers and sellers across the industry”.
The platform was developed in collaboration with AGTA and it integrates the trade association’s ethical standards and arbitration procedures to ensure trust and transparency in gemstone trading. It will maintain high industry standards while delivering cutting-edge solutions for gem dealers and retailers.
“The RapNet Gemstone Trading Network is set to revolutionize the way gems are bought and sold, providing a seamless, secure, and efficient marketplace for industry professionals worldwide,” RapNet said in a press release.
Theodor Lisovoy, Managing Editor, Rough&Polished
