About Kinesis
Company Background
Kinesis Money is a UK-registered company founded on 16 July 2021, operating at the intersection of traditional precious metals and blockchain technology. Its official domain is kinesis.money. The company offers a platform where users can buy, sell, and manage digital assets backed by physical gold and silver, stored in secure vaults worldwide. Despite being registered in the United Kingdom, Kinesis is not currently regulated by any financial authority, a fact that potential users should weigh carefully.
Core Services and Products
The platform provides trading in KAU (gold-backed token) and KAG (silver-backed token), which are digital representations of physical bullion. It also offers trading in major cryptocurrencies and a stablecoin, Currency One USD (C1USD), pegged to the US dollar. Users can deposit and withdraw in multiple fiat currencies (USD, GBP, EUR, AUD, CAD, CHF, SGD) and cryptocurrencies. The Kinesis Exchange features TradingView charts, stop market orders, and deep liquidity, with a trading fee of 0.22%.
Yield System and Incentives
A distinctive feature is Kinesis's yield system, which distributes a portion of transaction fees back to asset holders. Users earn monthly yields on gold and silver holdings without staking or locking up assets. The company claims this is funded by the robust vaulting infrastructure of its partner ABX and a share of global transaction fees. Storage fees for fully allocated precious metals are stated to be zero.
Account Types and Accessibility
Kinesis appears to offer a single account type that provides access to all platform features, including trading, storage, and yields. The platform is accessible via web dashboard and mobile app (iOS/Android). Account opening requires identity verification (KYC). The platform targets both retail investors interested in precious metals and crypto traders seeking real-world asset exposure.
Security and Custody
The company emphasizes security, stating that encryption is engineered into every level of the Kinesis Exchange. Precious metals are stored in fully allocated form in secure vaults managed by ABX, a strategic partner. However, as an unregulated entity, the platform lacks the oversight and investor protection schemes typical of regulated financial institutions. Users should conduct their own due diligence regarding custody arrangements.
Regulatory and Risk Considerations
As noted, Kinesis is not regulated by any financial authority in the UK or elsewhere. This absence of regulatory oversight means that client funds are not protected by compensation schemes such as the Financial Services Compensation Scheme (FSCS). The FXCanary Scam Risk Score of 49/100 (Guarded) reflects this lack of regulation and the inherent risks of dealing with unregulated platforms. Potential users should be aware that they have limited legal recourse in case of disputes.
Target Audience and Use Cases
Kinesis is designed for individuals looking to diversify into precious metals with digital convenience, earn passive yields on bullion, and make low-cost global payments. It also appeals to cryptocurrency traders seeking stable, asset-backed tokens. However, it is not suitable for traders seeking leveraged forex or CFD products, nor for those requiring robust regulatory protection. The platform's unregulated status makes it a higher-risk choice for conservative investors.
Overview compiled by FXCanary from regulatory records and public data. full Kinesis review