Tracr chief government to step down in February 2026

De Beers has introduced that Wesley Tucker will step down as chief government of Tracr and depart the enterprise on the finish of February 2026.

Tucker joined De Beers Group in 2021 as head of digital transformation earlier than changing into chief government of Tracr, the group’s blockchain-based diamond traceability platform. 

Throughout his tenure, Tracr developed from a pilot mission right into a extensively used trade platform. 

Greater than 4 million diamonds have been registered on the system, which has appeared thrice on the Forbes Blockchain 50 record.

His interval within the position additionally noticed Tracr broaden via partnerships with the Gemological Institute of America, Sarine Applied sciences and quite a lot of producers, suppliers and retailers. 

The platform launched options supporting lifecycle provenance, together with country-of-origin certification for polished diamonds above 50 factors sourced from De Beers Group.

Paul Rowley, government vice-president of diamond buying and selling at De Beers Group, stated: “With Tracr now previous its formative stage and accelerating into its scaling part, this can be a pure level for Wes to step again after very efficiently guiding the platform via its foundational journey.”