Trust and security

Learn about the steps we take to maintain transparency, security, and independent verification of your bullion.

Kinesis gold and silver holdings

Allocated precious metals – digitally represented.

Kinesis gold (KAU) and Kinesis silver (KAG) are a 1:1 digital representation of allocated physical gold and silver bullion.

All precious metals underpinning KAU and KAG are reserved (1:1), audited, redeemable, and held within the insured vaults of Kinesis’ strategic partner, Allocated Bullion Exchange (ABX).

Note: Physical redemption is subject to withdrawal fees, minimum withdrawal thresholds, and regional logistical constraints. For any questions regarding physical redemption, please contact our Support team. See our fees here.

Digital assets, such as Kinesis Gold (KAU) and Kinesis Silver (KAG), have their own risks – see the UK Risk Summary here for more information.

The physical bullion backing Kinesis gold (KAU) and silver (KAG) digital assets is held in logistics, storage, insurance, quality control, quality assurance and institutional good practice.

Counterparty risk protection

The system is structured to reduce certain forms of counterparty risk by allocating physical bullion to users.

Kinesis is a fully integrated financial services platform, enabling online management of physical precious metals via a desktop platform and mobile application.

Over 10 years’ experience

Kinesis was born from the institutional heritage of ABX.

Kinesis was founded by Allocated Bullion Exchange (ABX), a public company and leading institutional exchange with over 10 years of experience trading fully allocated precious metals globally.

Founded in 2011, ABX brings its extensive vaulting network and precious metals trading experience to the operation of Kinesis and the transparent custody of all gold and silver bullion holdings. The global vaulting network of ABX extends across 13 vaults in 12 countries. Furthermore, Allocated Bullion Exchange is integrated with leading clearing house European Commodity Clearing (ECC), a member of the Deutsche Borse group.

ABX provides transparency, accessibility and accountability with respect to all services associated with the provision of trading, storing and transporting fully allocated physical gold and silver bullion.

Through ABX, Kinesis is able to leverage a vast network of vaulting, logistics, liquidity and institutional-grade metals exchanges.

Allocated metal ownership

Reserved holdings with (one-to-one) metal allocation, at all times.

With Kinesis, you are the legal title owner of the physical gold and silver, underpinning your KAU and KAG, at all times. Remember, each KAU (one gram of gold) and KAG (one ounce of silver) are directly allocated 1:1 with the corresponding weight of physical precious metal.

The holder of Kinesis currencies holds the full legal title of the underlying quantity of physical gold and silver. At no point, will the bullion behind Kinesis digital assets ever appear on the balance sheet of Kinesis or Allocated Bullion Exchange (ABX). Resultantly, neither Kinesis nor ABX has any direct claim on the metals. The metals are store within a global vaulting network, on your behalf, free of charge.

We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs.

While all underlying metals are redeemable, digitally representing gold and silver offers holders the ability for online management, monetary application, and trading.

Physical redemption

All Kinesis gold and silver holdings are redeemable.

Kinesis and ABX understand the absolute necessity of physical redemption in gold and silver provision. Kinesis offers physical redemption on all precious metals behind your gold and silver digital assets.

Physical redemption is subject to withdrawal fees, minimum withdrawal thresholds, and regional logistical constraints. For any questions regarding physical redemption, please contact our Support team. See our fees here.

Kinesis enables users to redeem 100 grams of gold or 200 ounces of silver, with a fee of 0.45% + $100 USD + delivery costs. We provide redemption of the underlying bullion through our logistic partners Loomis and Brinks.

Redeeming bullion simultaneously liquidates the digital representation of the bullion and removes the respective currency from KAU or KAG circulation.

Independently audited holdings

All Kinesis holdings undergo biannual, independent audits.

With over 10 years of experience in the precious metals industry, we understand the necessary assurance only complete transparency provides. All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year.

We employ the independent audit and inspection specialist, Bureau Veritas, to conduct regular, independent, physical audits of all bullion underpinning Kinesis gold (KAU) and silver (KAG) digital assets. The quantity of gold and silver held in our vaults is checked against the record of all KAU and KAG in circulation, stored on our blockchain.

Regular independent audits verify that every KAU and KAG within the Kinesis monetary system is based on an exact 1:1 allocated quantity of gold and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion are as stated, and the quality of the storage is satisfactory.

The results of all of our audits are publicly available – here.

Immutable digital record

Kinesis offers real-time access to view all of the Kinesis gold and silver digital assets in circulation.

Each time new precious metals are introduced into the system a record is stored on the blockchain, maintaining an immutable and irrefutable ledger of all KAU (gold) and KAG (silver) within the system. During our biannual, independent audits, our blockchain enables auditors to ensure that the quantity of gold and silver held in our vaults corresponds exactly with the quantity of KAU and KAG in existence.

Every KAG (1 oz of silver) and KAU (1 g of gold) within the Kinesis system can be viewed on the Kinesis blockchain via the following live link – here.

Insured vault storage

All bullion is held within insured vaults.

All precious metal held by Kinesis is 1:1 allocated. Kinesis gold (KAU) and silver (KAG) are based 1:1 on physical gold and silver bullion, stored within insured, secure vaulting facilities in: Dubai, Hong Kong, Istanbul, Vaduz, London, New York, Singapore, Sydney, Toronto, Zurich, Panama City, Batam and Brisbane.

Through ABX, Kinesis is able to access robust global vaulting infrastructure. Furthermore, Kinesis is partnered with world-renowned vaulting providers: Loomis Zurich (Nasdaq OMX: LOOM) and Brinks (Nasdaq NYSE: BCO).

Quality assurance

Our rigorous standards ensure the quality of all gold and silver bullion.

All of the bullion within the Kinesis monetary system is of investment-grade quality, with a minimum fineness of 9999 (gold) and 999 (silver).

Under the ABX Quality Assurance Framework (QAF), all bullion has a verified audit trail and is stored in regularly audited, transparent holdings systems, with verification in place.

KAU (Gold Payment Currency) – 1 Fine gram gold contract and token, consisting of gold bullion of a minimum fineness of 9999, and bearing a serial number and identifying stamp of a refiner as per the ABX QAF.

KAG (Silver Payment Currency) – 1 Ounce silver contract and token, consisting of silver bullion of a minimum fineness of 999, and bearing an identifying stamp of a refiner as per the ABX QAF, and may bear a serial number.