What is Kinesis Silver?

Kinesis Silver (KAG) is a silver-backed cryptocurrency launched by Kinesis, a digital asset utility platform. Each KAG token represents one ounce of investment-grade silver bullion, stored in fully insured and audited vaults. The primary purpose of KAG is to provide a stable store of value by reintroducing physical silver backing to digital currency while enabling users to purchase, trade, and spend their holdings globally.

KAG holders can earn a monthly yield through a share of Kinesis' transaction fee revenue, distributed in KAG tokens. Additionally, holders can utilize the Kinesis Virtual Card to convert KAG holdings into local currency at points of sale where Mastercard is accepted. KAG aims to facilitate the use of silver as a practical currency while allowing for easy redemption of the underlying silver at any time.