Kinesis Money

Kinesis Money

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This project is featured as an 'Untracked Listing'

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Informacje o 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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