The Challengers star, nominated for best performance by a female actor on the night, also showed off another piece of jewelry — a dazzling diamond ring. According to Deux Moi, the jewel appears to be a Jessica McCormack 5.02ct East-West Cushion Diamond Button-Back ring .

Zendaya and Tom Holland, whose Hollywood romance began with their starring roles in the "Spider-Man" franchise, are now engaged.

Zendaya is generating engagement speculation after wearing a massive diamond on her left ring finger during the Golden Globes.