Kinesis Money

Kinesis Money

Status

Volume data is untracked

This project is featured as an 'Untracked Listing'

For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)

About Kinesis Money

Launched in 2019, Kinesis is a global trading and digital asset utility platform. Kinesis makes native gold and silver-backed stablecoin assets - and cryptocurrency - globally accessible for everyday payments via the Kinesis card program. Through redistributing a 57.5% share of global transaction fee revenue back to users, Kinesis offers a monthly yield on physical precious metals, with no requirement to stake or lock up assets.

The platform facilitates instant, low-cost peer-to-peer transactions in digitalised fully allocated gold (KAU) and silver (KAG), as well as offering a wide range of cryptocurrencies and fiat deposit options.

Kinesis is reintroducing physical gold and silver as currencies to provide its users with a stable store of value. In 2018, Kinesis announced a partnership with Indonesian state-run national postal service, PTPos Indonesia, to deliver gold-backed currency to the Indonesian population.

Most recently, the Kinesis Exchange has broadened the diverse array of digital assets to users, with the listing of XDC, bringing another exciting, market-leading addition to the Kinesis ecosystem.

The second phase of Kinesis’ collaboration with the XDC Foundation will begin with the development of an interoperable cross-chain bridge to Kinesis’ Stellar-based blockchain, enabling assets to be transferred seamlessly between the two ecosystems and improve upon our blockchain infrastructure.

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