Yes. Kinesis currency holders are fully entitled to redeem the underlying gold and silver bullion that underpins Kinesis gold (KAU) and silver (KAG) currencies, subject to minimum withdrawal requirements.
Kinesis currencies are allocated 1:1 with investment grade, allocated physical precious metal. This is confirmed semi-annually via an independent professional audit.
You can find all Kinesis audit reports up to date here.
We provide redemption of the underlying bullion using logistic partners Loomis, Brinks and Malca-Amit.
Redeeming bullion simultaneously destroys the digital representation of the bullion and removes the respective currency from circulation.
You can find Kinesis redemption fees listed here.