Kinesis Silver(KAG)

Overview

Kinesis Silver (KAG) is a silver-backed digital asset issued by Kinesis, a global trading and digital asset platform. Each KAG token represents one ounce of investment-grade silver bullion, which the issuer states is held in insured and audited vaults. The project's stated aim is to make physical precious metals holdable and transferable on a blockchain.

Because its value tracks the price of silver, KAG is generally categorized alongside asset-backed stablecoins and is designed to be sent, spent, and traded across borders. Kinesis says it distributes a share of its global transaction fee revenue — around 15% — to users who store silver on the platform, paid monthly in KAG. Holdings can also be spent through the Kinesis virtual card.