Digital market intelligence
First Edition · Original explainers · Historical examples
Forensic dossier

Kinesis gold (KAU)

KAU · Kinesis

UtilityDirect ownership title to allocated gold held in custody.

What the forensic review found

Terms describe one KAU as 1 gram of 9999 fine allocated gold; a segregated option exists through Exchange-Physical-for-Digital.

This asset was researched forensically under the FORA-01 protocol — a review of issuer terms, custodians, audits, and liabilities — rather than through the whitepaper process.

Research status

Classification: Forensic dossier · Reviewed · The links above are the reviewed evidence.

Machine-readable summary →

👁️ Evidence dossier

Verification classClass BFORA-01 scale — verification, not a quality ranking
Claim type · Direct title (gold) · Forensic review
What does the holder own?

Title, redemption claim, fractional ownership, reserve exposure — or just narrative.

Terms describe one KAU as 1 gram of 9999 fine allocated gold; a segregated option exists through Exchange-Physical-for-Digital.

high confidence
Verified
Who holds the underlying?

Needs an identifiable custodian or entity — not a wallet address or a label.

The ABX network names Loomis Zuerich, Atlas Vaults and Brink's - per issuer minting pages.

high confidence
Verified
How are reserves checked?

Custodian records → inventory → third-party audit → supply reconciliation.

No independent reserve reconciliation inspected; Kinesis announced an October 2025 independent audit (Inspectorate/Bureau Veritas) - figures stated, direct report unretrieved: a lead, not verification.

high confidence
Unverified
How does redemption work?

Eligibility, minimums, fees, KYC, settlement — and what happens to the token.

Minimum 100 KAU; reported fee 0.45 pct plus 100 USD plus delivery; the Minting Programme paused from 12 July 2026.

high confidence
Verified
Who is liable if redemption fails?

A legally accountable entity and jurisdiction — not a DAO label.

Terms name 'Kinesis' as counterparty; the exact corporate entity and jurisdiction were not identified in the reviewed public materials.

high confidence
Unverified

❔ UNVERIFIED means not yet researched — not disproven. Rows marked “researched” were investigated and independent evidence was not found. Coverage expands as FORTUNA verifies. Method: FORA-01 Asset Claim Verification Protocol.

❔ Frequently asked questions

What is Kinesis gold (KAU) (KAU)?

Terms describe one KAU as 1 gram of 9999 fine allocated gold; a segregated option exists through Exchange-Physical-for-Digital.

What does the holder own?

Terms describe one KAU as 1 gram of 9999 fine allocated gold; a segregated option exists through Exchange-Physical-for-Digital.

What is Kinesis gold (KAU)'s verification status?

Kinesis gold (KAU) (KAU) carries verification class B (Class B): a mix of VERIFIED and PARTIALLY VERIFIED with no UNVERIFIED and no CONTRADICTED findings. What would change it: Independent evidence closing the partially verified gaps would move it to Class A.

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