Kinesis is pleased to announce that we have passed the latest independent precious metals audit, conducted by the leading global audit and inspection specialist, Inspectorate International, a Bureau Veritas company.

The independent audit verifies that all Kinesis gold (KAU) and silver (KAG) within the Kinesis Monetary System are backed by a 1:1 allocation of physical gold and silver bullion. 

The latest independent audit is available to view on our website here. 

Independent audit

On the 16th of April 2025, Kinesis’ strategic partner, Allocated Bullion Exchange (ABX), produced an inventory report of all physical gold and silver attributed to Kinesis Cayman. 

This report was presented to Inspectorate International to conduct an independent audit, undertaken across ABX’s global vaulting network between the 21st and 24th April 2025.

At the time the inventory reports were generated, Kinesis gold (KAU) and silver (KAG) in circulation were as follows:

KAU: 1,508,101.495 (as of ledger number 37189876, Wed, 16 Apr 2025)

KAG: 3,695,715.133 (as of ledger number 37227501, Wed, 16 Apr 2025)

All KAU and KAG circulation figures are publicly available and verifiable on the Kinesis blockchain explorer here. The Kinesis blockchain maintains an immutable and irrefutable ledger of all KAU (gold) and KAG (silver) within the system. 

The independent audit confirmed the following metal quantities held by Kinesis Cayman as of Wednesday, 16th April 2025:

Gold (9999 fine equivalent): 1,510,101.495 g

Silver (999 fine equivalent): 3,700,707.704 ozt

Bureau Veritas‘ independent report confirmed that Kinesis’ precious metals holdings were as stated, with Kinesis passing all criteria of the inspection.

It should be noted that Kinesis carries an additional 2 x 1kg 9999 gold bars and 5 x ~1000 ozt 999 silver bars as reserve, which is reflected in the total metal holdings.

The completion of Kinesis’ latest independent audit provides Kinesis users with absolute reassurance that their gold and silver holdings are in safe hands. Kinesis will continue to deliver audits biannually, providing Kinesis users with the security and transparency only independent audits can offer.