[Las Vegas, Jan. 20, 2025] – RapNet, the world’s largest online diamond trading network, is proud to announce the launch of its Gemstone Trading Network, expanding its platform to include loose colored gems. RapNet Gemstones will launch officially at the AGTA Gem Fair in Tucson next month. This dedicated colored gem trading platform highlights the growing significance of colored stones within the global jewelry market and demonstrates RapNet’s commitment to serving the evolving needs of the industry.
Developed in collaboration with the American Gem Trade Association (AGTA), the RapNet Gemstone Trading Network integrates AGTA’s ethical standards and arbitration procedures to ensure trust and transparency in gemstone trading. This partnership underscores RapNet’s dedication to maintaining high industry standards while delivering cutting-edge solutions for gem dealers and retailers.
“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”.
AGTA President Kimberly Collins and AGTA CEO John W. Ford, Sr. both stated that “AGTA, as the pioneer of ethical gem trading and colored gemstone disclosures, are proud to partner with RapNet to bring this colored gemstone marketplace to the world”.
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.
For more information about the RapNet Gemstone Trading Network, visit rapnet.com/gems-pr , or contact Sherri Hendricks ([email protected]).
About RapNet
RapNet is the world’s largest online diamond trading network, connecting thousands of diamond and jewelry professionals globally. With a focus on transparency, trust, and innovation, RapNet delivers solutions that empower the diamond and gemstone industry.
About AGTA
The American Gem Trade Association (AGTA) is a leading organization in the colored gemstone and jewelry industry, dedicated to ethical practices, consumer protection, and education. AGTA sets the standard for professionalism and integrity in the trade.
Media Contact:
Sherri Hendricks
VP Operations
[email protected]
+1 702-893-9400
