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Kinesis Silver is a digital currency backed by physical silver bullion, issued by Kinesis and stored in insured vaults managed by ABX. It functions as a stablecoin allowing global spending via a virtual card while offering holders passive monthly yield from transaction fees. The supply is not fixed, changing continuously as investors mint new tokens on the network.
Kinesis silver (KAG) is a digital currency backed by silver, issued by Kinesis, a worldwide platform for trading and digital asset utility. Every Kinesis silver (KAG) token corresponds to one ounce of investment-grade silver bullion, which is kept in fully insured and audited vaults managed by Kinesis.
The goal of Kinesis silver (KAG) is to bring back physical silver as a form of money and offer the global community a reliable store of value. By merging essential traits of digital assets, Kinesis silver provides physical, fully-allocated assets that are not based on fiat currency and function independently of conventional financial systems. All silver supporting Kinesis silver (KAG) is logged on a transparent, immutable blockchain ledger and held in secure, audited vaults, with the buyer holding legal title to the metal.
Kinesis silver (KAG) allows for the immediate purchase, trade, spending, and transfer of physical silver bullion anywhere globally, adding real-world accessibility, value, and utility to physical precious metals. Additionally, Kinesis silver acts as a genuine stablecoin, allowing traders to move out of more volatile markets into the established value of precious metals.
Kinesis Silver (KAG) marks an economic first by providing debt-free yield on precious metals. Holders earn a passive monthly yield in KAG just for storing their silver on the Kinesis platform. This return comes from a 15% share of the global transaction fee revenue, distributed among users who keep their silver on the system.
Distinct from other silver tokens, KAG can be spent instantly worldwide using the Kinesis Virtual Card. Available on mobile devices, this card allows users to convert their KAG balance into local currency at the point of sale wherever Mastercard is accepted. By digitizing physical silver as KAG, Kinesis aims to reintroduce silver as a functional currency.
Kinesis launched Kinesis silver (KAG). Established in 2018, the Kinesis platform enables the trading, administration, and monetary use of digital assets and cryptocurrencies backed by physical gold and silver.
The vaulting for all underlying physical gold and silver is handled by Allocated Bullion Exchange (ABX), a strategic partner of Kinesis. ABX is a global institutional exchange for allocated precious metals. With more than 10 years of industry experience, ABX contributes its vast vaulting network and expertise in precious metals trading to support the global trade and management of physical precious metals.
Yes, you can redeem the silver backing your Kinesis Silver (KAG). Every ounce of silver supporting KAG is available for redemption through the Kinesis platform. Although other digital currencies backed by silver also allow redemption, they frequently impose high minimum withdrawal thresholds that make it hard for regular investors to participate. In contrast, KAG holders are able to redeem as little as 200 ounces of the physical silver bullion underlying their tokens, and the fees for this service are among the lowest in the sector.
The supply of KAG is not fixed, as it changes continuously when new investors mint tokens and add them to the network. To see the current amount of KAG in circulation, you should check the live data on the Kinesis explorer.
You can acquire Kinesis Silver (KAG) through the Kinesis platform or on outside cryptocurrency exchanges. Note that only KAG kept or traded within the Kinesis system qualifies for immediate spending and monthly yield payments.
The ERC-20 version of KAG is an Ethereum-based token backed by silver, issued by Panama-incorporated KMS Labs S.A. Every ERC-20 KAG token corresponds to a 1:1 claim on Kinesis KAG reserves held by KMS Labs.
The foundational asset is Kinesis KAG, a digital silver instrument issued by Kinesis Cayman on the Kinesis blockchain (a Stellar fork). It is backed 1:1 by fully allocated physical silver bullion, which ABX’s vault partners store in insured third-party facilities.
ERC-20 KAG holders may move their tokens to the Kinesis platform to utilize the wider ecosystem, such as the Kinesis Virtual Card and yield distributions via the fee-sharing model. Converting ERC-20 tokens into native Kinesis KAG (and eventually physical silver) depends on meeting KMS Labs’ compliance onboarding rules and terms and conditions.