Posted 12th August 2022

Kinesis’ third independent metals audit results now available

kinesis audit update june 2022

After completing the third independent precious metals audit in June 2022, Kinesis publishes the latest audit documentation provided by leading global audit and inspection specialist, Inspectorate International. 

The documentation supplied from Inspectorate International with the full results is now available to view on our website. 

Inspectorate International

On the 20th of June 2022, the Allocated Bullion Exchange produced an inventory report of all metals attributed to Kinesis Cayman. This report was presented to Inspectorate International to conduct an independent audit, which was undertaken over the 21st, 22nd, and 23rd June 2022. For the few locations that Inspectorate could not audit (due to facility security policies), letters of verification were ordered on 20th June 2022.

The audit provides verification that all Kinesis gold and silver currencies are backed by a 1:1 allocation of gold and silver bullion within the Kinesis Monetary system.

Inspectorate International’s report shows that Kinesis passed all criteria of the inspection.

Delivering on trust

We place a great emphasis on trust and security when it comes to the ownership of physically allocated precious metals. 

With that said, Kinesis will continue to deliver on independently conducted, biannual audits to provide our community with the transparency they deserve. 

View our latest audit here