Kinesis Gold Price KAU

What is Kinesis gold (KAU)? Kinesis gold (KAU) is a gold-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform. Each Kinesis gold (KAU) token is backed by 1 gram of investment-grade gold bullion, securely stored in Kinesis’ fully insured, audited vaults. The mission behind KAU is to reintroduce physical gold backing to money and provide the global community with a stable store of value. Kinesis gold (KAU) has the everyday utility of a fiat currency; the borderless efficiency of a cryptocurrency, and none of the inherent volatility. KAU enables physical gold bullion to be instantly purchased, traded, spent and sent anywhere in the world, bringing real-world access, value, and utility to physical precious metals. A true stablecoin, KAU allows crypto traders to easily exit volatile markets and enter into the enduring value of physical gold, while earning a monthly yield.

What makes KAU unique? In an economic first, KAU holders earned the first debt-free yield on precious metals. All KAU holders receive a passive yield - paid monthly in KAU - simply for holding their metals on the Kinesis platform. The yield is calculated from a 15% share of Kinesis’ global transaction fee revenue which is shared with users who store their gold on the platform. At the time of writing, Kinesis has paid out over $3,000,000 to KAU holders.

Unlike other gold tokens, KAU can be instantly spent with the Kinesis Virtual Card, worldwide. Accessible via mobile device, the virtual card lets people everywhere instantly convert their KAU holdings into local currency at the point of sale, anywhere Mastercard is accepted. Through digitalising physical gold in the form of KAU, Kinesis has successfully reintroduced gold as a currency.

Can I redeem my gold? Every single gram of gold underpinning KAU is available for redemption, at the click of a button. While other gold-backed cryptos offer redemption, they often set very high minimum withdrawal limits.

ERC-20 KAU is an Ethereum-based gold-backed digital asset issued by KMS Labs S.A., a company incorporated in Panama. Each ERC-20 KAU token represents a 1:1 claim on Kinesis KAU held in reserve by KMS Labs. Kinesis KAU is the underlying digital gold instrument issued by Kinesis Cayman on the Kinesis blockchain (a Stellar fork) and is itself backed 1:1 by fully allocated physical gold bullion stored in insured third-party vaults by ABX's vault partners. Holders of ERC-20 KAU can transfer their tokens to the Kinesis platform to access the broader Kinesis ecosystem, including yield distribution…

Categories: Tokenized Assets · Tokenized Gold · Ethereum Ecosystem · Real World Assets (RWA) · Tokenized Commodities · Kinesis Ecosystem

Kinesis Gold (KAU) is a digital currency that represents physical gold ownership, with each KAU token backed by 1 gram of allocated gold stored in vaults around the world.

The project operates within the Kinesis Monetary System, which aims to create a monetary system that combines the stability of precious metals with the efficiency of blockchain technology.

KAU is part of a broader ecosystem that includes other tokenized commodities like silver (KAG) and a yield-bearing system that rewards users for participating in the network.

The price of KAU is primarily influenced by the spot price of gold, as each token is directly backed by physical gold holdings.

Adoption and usage of the Kinesis Monetary System play a role, as increased transaction volume and user base can drive demand for KAU tokens.

Market conditions, particularly investor sentiment towards gold and other safe-haven assets, can impact the demand for tokenized gold like KAU.

Regulatory developments related to tokenized assets and gold-backed cryptocurrencies can also affect the asset's market dynamics.

The security and transparency of the gold storage and auditing processes are crucial factors that can influence investor confidence and adoption.

Kinesis Gold has a circulating supply of 2,738,630 KAU with no fixed maximum supply, and a total supply of 3,982,681 KAU. Its fully diluted valuation is $525.99M.

Supply figures from CoinGecko; dilution and ratios computed by TLT from them. Information only — not financial advice.

You can buy Kinesis Gold (KAU) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, KAU is also available via local exchanges and P2P — see our KAU in naira page. Always compare fees and use reputable platforms.

One KAU costs about ₦174,833.47 to buy on Nigerian P2P markets and sells for about ₦174,445.8. The P2P USDT/NGN rate (₦1,378.48) sits 4.0% above the official USD/NGN rate of ₦1,325.72, so dollar-priced crypto effectively carries that spread when you buy with naira.