Kinesis Gold

Kinesis Gold (KAU) is a token issued on the Ethereum network in which each unit represents ownership of one gram of investment-grade gold bullion held in fully insured, audited vaults operated by Kinesis. It is designed for people who want exposure to physical gold while retaining the ability to transact digitally, across borders, at any time. The project positions itself as an alternative to both traditional gold ownership, which can be illiquid, and purely speculative cryptocurrencies, which can be highly volatile.

Each KAU token is minted when a corresponding gram of physical gold is deposited into a Kinesis vault, so the circulating supply of 2,386,227.83 tokens represents that many grams of metal held in custody. The token lives on the Ethereum blockchain, inheriting its settlement and security model, and can be transferred like any other Ethereum-based token. Kinesis distributes a monthly yield to holders, paid in KAU, derived from a share of transaction fees generated across the platform.

The yield paid to KAU holders is sourced from transaction fees collected by the Kinesis platform, with holders receiving a portion of those fees monthly in KAU. The data provided does not include a specific fee rate or total fee figure, so precise fee-based measures cannot be calculated from what is stored here. The fdv_to_mcap ratio stands at 1.672206 on a point-in-time basis, meaning the fully diluted valuation is meaningfully larger than the current market capitalisation of approximately 353,788,416 USD, which reflects gold that could theoretically be tokenised beyond the current circulating supply. There is no maximum supply defined, as the token supply expands in direct proportion to gold deposited.