Each unit of Kinesis gold (KAU) and silver (KAG) is directly allocated to the corresponding weight of physical precious metal, always at a 1:1 ratio.
Legal title to this allocated bullion remains with you, the holder, meaning proportional ownership of the underlying gold and silver always sits with KAU and KAG holders, not with Kinesis.
This bullion never appears on Kinesis' balance sheet, which reduces counterparty risk when you choose to hold your metal with Kinesis.
The Kinesis currencies elevate physical gold and silver ownership, providing the added benefits of online access, trading, real-world application, and the security of fortified vaulting.
Kinesis currencies elevate physical gold and silver ownership by adding online access, trading, real-world application, and the security of fortified vaulting, without becoming a "paper metal" product. That means your metal ownership doesn't depend on an exchange-traded fund (ETF), contract for difference (CFD), or commodity future being able to obtain and redeem metal for you when you want to sell.
Because your precious metals aren't recorded on the Kinesis or ABX balance sheets, we hold no direct claim over them. We simply safeguard them on your behalf, across our global vaulting network: Dubai, Hong Kong, Istanbul, Vaduz, London, New York, Singapore, Sydney, Toronto, Zurich, Panama City, Batam, and Brisbane.
You can find more detail on our audit page.