Gold price 

KAU

Kinesis gold (KAU) is a gold-backed digital currency launched by Kinesis, a global trading and digital asset utility platform. Each Kinesis gold (KAU) token is backed by one gram of investment-grade gold bullion, securely stored in Kinesis’ fully insured, audited vaults.

The mission behind KAU is to reintroduce physical gold as money and provide the global community with a stable store of value. By combining the key features of digital assets, Kinesis gold offers physical, fully-allocated, non-fiat-based assets that operate outside of traditional financial infrastructure. All gold backing KAU is recorded on a transparent and immutable blockchain ledger and stored in secure, audited vaults - with the purchaser as the legal title owner of the metal.

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. Kinesis gold also serves as a true stablecoin, enabling traders to exit more volatile markets into the time-proven value of precious metals.