Table of contents
Q2 2025 Quarterly Update
Kinesis Card Programme Update
Kinesis has chosen partners for the next stage of its global card programme. Work is under way on a card system designed to run across multiple regions and to keep functioning even if one issuer drops out.
The setup is meant to let new providers be added in different markets without major changes to the core platform. It also allows the system to keep running if local problems arise. Programme providers sit separately from the main platform, so partners can be brought in or taken out with relatively little disruption.
A launch target of the end of October has been set. The first markets will be the United States, Latin America and the Caribbean. Later stages are planned for Australia, Europe, the UK, Southeast Asia and Africa. Talks on a credit-card partnership are in the final stages. That arrangement would include rewards such as Metalback and cashback.
2025 Milestones
KVT Exchange Trading
Kinesis Velocity Token (KVT) can now be traded on the Kinesis Exchange. Over the past four months KVT holders received more than $8 million in yields, made up of 75.5 kg of gold and 2,046 oz of silver. Each KVT gives its holder a 20 percent share of global transaction-fee revenue. The total supply is limited to 300,000 tokens. Trading is possible in increments of 0.001 against KAU, KAG, USD and USD1 pairs.
Yield Payouts
Four consecutive multi-million-dollar payouts took place in 2025: $4.13 million in March, $6.27 million in April, $8.55 million in May and $15.22 million in June. In total, more than 148.5 kg of gold and 1,534 oz of silver were distributed to metal holders. No storage fees were charged on those holdings.
Platform Expansions
New USD deposit routes for US users opened through a partnership with Pegasus. Kinesis Pay now accepts ten extra cryptocurrencies, among them XRP, DOGE and USDC. A free trade-alerts offer is available via a collaboration with NSBC. The independent audit completed in April 2025 confirmed that all tokens remain backed 1:1 by physical bullion.
Q3 2025 – What to Expect
Currency One Suite
Kinesis has arranged a US partnership that supplies regulatory backing for the Currency One Suite. The suite is planned as a set of more than ten reserve-backed stablecoins linked to major global currencies. A mid-August 2025 launch is the current target. The tokens are intended to support foreign-exchange transfers, global payments, local on- and off-ramps, and institutional liquidity pools.
Expanded Access
Instant fiat deposits and withdrawals by card and bank transfer are scheduled to open in more than 90 countries. The Banxa integration will be extended to cover fiat withdrawals. The Yellow Card link will add fiat on-ramps in African markets. Work continues on FCA compliance for UK services. In Indonesia a second office has opened and now runs a “Gold to Mecca” savings programme along with MetalBank lending functions.
KVT and Kinesis Pay
Additional utility features for KVT are being developed that go beyond the original Blueprint. On the Kinesis Pay side, processing upgrades, a merchant directory and full integration of the Currency One Suite stablecoins are in progress.