What is Kinesis Gold?

Kinesis Gold (KAU) is a gold-backed cryptocurrency launched by Kinesis, a platform for trading and digital asset utilities. Each KAU token represents one gram of investment-grade gold bullion, which is stored in insured and audited vaults. KAU aims to combine the stability of physical gold with the transactional capabilities of cryptocurrency, allowing users to purchase, trade, and spend gold bullion easily across the globe.

KAU holders earn a yield paid monthly in KAU for holding their tokens, derived from a share of Kinesis' transaction fee revenue. The Kinesis Virtual Card enables holders to convert KAU holdings into local currency for purchases at any location that accepts Mastercard. Unlike some other gold-backed cryptocurrencies, KAU offers straightforward redemption options, with each gram of gold available for access without high minimum limits.