Kinesis Passes Latest Independent Precious Metals Audit – April 2025

Kinesis Passes Latest Independent Precious Metals Audit

Kinesis has successfully passed their most recent independent audit of precious metals, carried out by Inspectorate International, a Bureau Veritas company and global leader in audit and inspection services.

Key Audit Highlights

• Audit Confirmation:
  • All Kinesis gold (KAU) and silver (KAG) assets are fully backed on a 1:1 basis by physical bullion.
  • The audit independently confirms that every unit of KAU and KAG is supported by equivalent physical holdings.
• Audit Availability:
  • The full independent audit report is now publicly available on the Kinesis website:
    ➤ Independent Audit

Audit Process Overview

• Inventory Generation:
  • On 16 April 2025, Kinesis’ strategic partner, Allocated Bullion Exchange (ABX), compiled a report detailing all physical gold and silver held on behalf of Kinesis Cayman.
• Audit Period:
  • The audit was conducted by Inspectorate International between 21–24 April 2025, across ABX’s global vault network.

Metal Holdings at Time of Audit

• Gold (KAU):
  • 1,508,101.495 grams (Ledger #37189876, 16 Apr 2025)
• Silver (KAG):
  • 3,695,715.133 troy ounces (Ledger #37227501, 16 Apr 2025)
• Verified Holdings (as per audit):
  • Gold (9999 fine): 1,510,101.495 grams
  • Silver (999 fine): 3,700,707.704 troy ounces
• Additional Reserves:
  • 2 x 1kg 9999 fine gold bars
  • 5 x ~1000 ozt 999 fine silver bars

Transparency and Trust

• All KAU and KAG balances are publicly verifiable via the Kinesis blockchain explorer, ensuring complete transparency and traceability.
• The blockchain serves as an immutable ledger, documenting every unit of gold and silver within the system.

Commitment to Users

• The successful completion of this audit reaffirms the security and integrity of the Kinesis Monetary System.
• Kinesis will continue to provide biannual independent audits, ensuring ongoing transparency and user confidence in the platform.