Kinesis
Ethereum
Each KAG is backed by one troy ounce of fine silver, fully allocated and insured in Kinesis' vaulting network. Silver's 2025 breakout above $50/oz made KAG the standout performer among vaulted-metal tokens.
The leading tokenized silver: one ounce, fully allocated.
Prism analyst note
KAG is one of very few credible tokenized routes to physical silver, and silver's industrial-demand squeeze made it 2025's best-performing vaulted metal. Higher volatility than gold, same Kinesis platform-concentration caveats as KAU. A tactical metal position rather than a cash substitute.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Fine silver, 1 troy oz per token, fully allocated
- Legal structure
- Allocated bullion title; Kinesis monetary system rules
- Jurisdiction
- Cayman Islands
- Custodian
- Kinesis vault network, fully insured
- Administrator
- Kinesis
- Oracle / NAV source
- Kinesis exchange pricing vs. spot
- Reserve information
- Bi-annual third-party bullion audits; fully allocated and insured.
- Transfer restrictions
- KYC required on the Kinesis platform.
- Investor eligibility
- Retail investors (KYC)
- KYC required
- Yes
- Minimum investment
- $50.00
- Launched
- Nov 1, 2019
Reserve verification
This issuer pays an independent oracle network to attest its reserves on-chain, the strongest form of reserve evidence in tokenized RWA.
Chainlink KAG Reserves: read the feed yourself →Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 60K+
Documents & disclosures
Frequently asked
Why silver over gold?+
Silver adds industrial demand (solar, electronics) to monetary demand, higher beta in both directions.
