Fully reserved holdings with (one-to-one) metal allocation, at all times.
With Kinesis, you are the 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 currencies 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. We simply safeguard the metals within our vaults, on your behalf, free of charge.
We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs.
In terms of assurance, Kinesis gold and silver-based digital currencies are the next best thing to holding your own physical gold and silver. While all underlying metals are fully redeemable, digitally representing gold and silver brings holders the added benefits of online management, monetary application, instant trading, and the security of state-of-the-art vaulting facilities.