Table of contents
Q4/2025 – Q1/2026 Quarterly Update
Kinesis Virtual Card: Beta Launch February 9th
Internal alpha testing of the Kinesis Virtual Card has finished. The card system was built in-house and development is complete. A beta release is set for February 9th, 2026 in the United States. About 250 community members will take part in the test.
When the public version arrives in Q1, the card will carry a few fixed terms. Cardholders earn 2 percent cashback in gold (KAU) on spending up to $2,000 each month. Kinesis adds 1 percent from each transaction to the master fee pool at no extra cost to the user. There are no subscription fees.
Other details include a 0.22 percent conversion fee when gold or crypto is spent, no transaction fees inside the US and Puerto Rico (FX fees apply elsewhere), a $10,000 daily spend limit, and the ability to pay with gold, crypto or C1USD. Google Pay will be available during the beta period. Apple Pay is planned for a later stage.
Multi-Asset Payroll Solution
Kinesis has released a multi-asset payroll tool. Businesses can set up bulk transfers in gold (KAU), silver (KAG), C1USD and six other digital assets. The Payments dashboard was redesigned so users can schedule transfers, set them to repeat, and send money to as many as 1,000 recipients at once by uploading a CSV or XLSX file. Local-currency amounts can be arranged to settle in gold or the chosen digital assets.
Merchant Directory
The Merchant Directory is online. It lists verified businesses that accept payments linked to precious metals and digital assets. Each listing can include a logo, website link, social media details, opening hours, physical locations and a short description. Search tools let people filter by category, country and whether the business is online or physical.
October 2025 Audit
Inspectorate International (Bureau Veritas) completed the latest independent audit of Kinesis precious metals holdings. As of October 17, 2025 the audited figures were 2,393,328.835 grams of gold and 3,729,719.331 troy ounces of silver. The numbers confirm that all circulating KAU and KAG tokens remain matched 1:1 by physical metal.
African Deposit Options
Kinesis linked with Yellow Card so users in Nigeria and Zambia can deposit local currency by bank transfer or mobile money. The funds arrive as a USD stablecoin and can then be used for trading, payments or other platform functions. Support for South Africa and Kenya is scheduled for later phases.
Regulatory Updates
Kinesis received conditional approval for a Virtual Asset Service Provider (VASP) licence from the Cayman Islands Monetary Authority (CIMA).
The Kinesis.money website was taken offline in the UK for a period to meet local regulatory requirements. Existing UK users can still reach the platform through other routes. The site is expected to return later this quarter once an FCA-approved arrangement is in place.
2026 Outlook
Virtual Card Rollout
After the February beta with roughly 250 testers, a public launch is planned for March 2026 in the United States. Later in the year the card is expected to reach Latin America, the Caribbean, Australia, Canada, the UK, Germany, the Netherlands, Poland, Spain and Switzerland.
Currency One Stablecoin Suite
Seven more fiat-linked stablecoins are scheduled to appear on the Kinesis Exchange: C1GBP, C1EUR, C1AUD, C1CAD, C1CHF, C1AED and C1SGD. Existing fiat trading pairs will move over to these new pairs. The suite is intended to support low-cost transfers between the different stablecoins and conversions between them at no charge.
US Banking
Additional US banking services are due to open soon. They will add deposit and withdrawal routes through SWIFT, ACH, real-time payments, FedWire and FedNow. The aim is to give US users more direct, lower-cost ways to move fiat into and out of the platform.
Kinesis 2.0
Work is under way on wider tokenisation of real-world assets and links between decentralised and traditional finance. KAU and KAG tokens will move beyond the current proprietary Stellar fork onto ERC-20 and other EVM-compatible networks so they can be used across more blockchain systems.