Kinesis Company

Kinesis Company: An In-Depth Overview

1. Company Overview

Founding Date and Background

Kinesis was founded in 2011, emerging from the Allocated Bullion Exchange (ABX), which has been a global leader in trading allocated precious metals for over a decade. The companys mission is to bridge the gap between traditional precious metals and modern blockchain technology, offering a unique monetary system based on 1:1 allocated gold and silver.

Parent Company/Ownership Structure

Kinesis operates as an independent entity, with its core operations stemming from its parent company, ABX. The leadership team comprises seasoned professionals from various sectors, including finance, technology, and precious metals trading, ensuring a robust governance structure and strategic direction.

Headquarters Location

The headquarters of Kinesis is located in the Cayman Islands, a jurisdiction known for its favorable regulatory environment for financial services and cryptocurrency ventures.

Global Business Scope

Kinesis has successfully established a presence in multiple countries, amassing over 80,000 clients across 151 nations. The company focuses on providing a platform for trading digital currencies backed by physical gold and silver, thus appealing to a global audience interested in precious metals as a store of value.

Main Regulatory Bodies

Currently, Kinesis operates without valid regulatory oversight from recognized financial authorities. The company has faced scrutiny due to its unregulated status, which raises concerns regarding investor protection and accountability.

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2. Company History and Development

Key Milestones

• 2011: Kinesis is founded, building on the foundation laid by ABX.
• 2017: The launch of the Kinesis platform, allowing users to trade digital currencies backed by physical metals.
• 2021: Kinesis becomes the worlds most traded allocated digital gold product, with $10 billion traded during the year.

Business Expansion Journey

Kinesis has expanded its services by partnering with various vaulting providers and brokers globally, including a recent partnership with Atlas Vaults and Atlas Brokers in Latin America. This partnership aims to enhance service offerings and access to precious metals for clients in the region.

Customer Base Growth

The company has experienced rapid growth in its customer base, with a significant influx of users due to its unique yield system that rewards economic activity. The user-friendly platform and mobile app have also contributed to this growth, providing easy access to investment in precious metals.

Platform Development History

Kinesis has continuously improved its platform, introducing features such as the Kinesis mobile app, which allows users to manage their investments on the go. The platform is designed to offer a seamless trading experience, with real-time monitoring and transaction capabilities.

Important Awards or Recognitions Received

While specific awards have not been highlighted in available information, Kinesis has gained recognition within the fintech and precious metals sectors for its innovative approach to integrating blockchain technology with traditional asset trading.

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3. Trading Services Offered

Forex Trading Options

Kinesis does not primarily focus on forex trading; instead, it specializes in digital currencies backed by gold and silver. Therefore, it does not offer a wide range of currency pairs typically found in forex trading platforms.

Stock Trading Options

Kinesis does not provide stock trading options as part of its services. The focus remains on precious metals and digital assets.

CFD Trading Products

The company does not explicitly mention offering Contracts for Difference (CFDs) on its platform. Its primary offerings are centered around digital currencies backed by physical metals.

Other Financial Instruments

Kinesis offers digital currencies such as:

• Kinesis Gold (KAU): Digital currency backed by physical gold.
• Kinesis Silver (KAG): Digital currency backed by physical silver.
• Kinesis Velocity Token (KVT): A utility token within the Kinesis ecosystem.

Special Services or Unique Advantages

Kinesis provides a unique yield system, where users can earn rewards based on their economic activity within the platform. This system incentivizes users to engage more actively with their investments. Additionally, the platform offers secure vault storage for physical metals and a user-friendly mobile app for managing assets.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Kinesis currently operates without valid regulatory oversight. There are no endorsements from major financial regulatory bodies, which raises concerns about the safety of client funds and the overall accountability of the platform.

Legal Entity Structure by Region

Kinesis is registered in the Cayman Islands and operates under local laws. However, the absence of a comprehensive regulatory framework raises questions about its legal standing in other jurisdictions.

Client Fund Protection Measures

While Kinesis promotes secure vault storage and employs anti-money laundering (AML) and know your customer (KYC) policies, the lack of regulatory oversight means that there are limited formal protections in place for client funds.

Countries/Regions Served

Kinesis serves clients in over 151 countries, with a notable presence in regions experiencing economic instability, where citizens seek alternatives to traditional banking systems.

Compliance History

Kinesis has faced scrutiny regarding its unregulated status. The company emphasizes its commitment to security through measures like KYC and AML, but the absence of oversight from recognized regulatory bodies presents significant compliance challenges.

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5. Competitive Landscape

Main Competitors

• Goldmoney: A well-established platform for trading gold and other precious metals.
• BullionVault: Offers a similar service, allowing users to buy and sell physical gold and silver.
• Vaulted: Focuses on making gold accessible for everyday investors.
• Coinbase: While primarily a cryptocurrency exchange, it competes in the digital asset space.
• Gemini: Another cryptocurrency exchange that offers a range of digital assets.

Positioning in the Industry

Kinesis positions itself uniquely by combining traditional precious metals with blockchain technology, appealing to investors looking for a stable asset backed by physical commodities.

Market Differentiation Factors

Kinesis differentiates itself through its unique yield system, which rewards users for economic activity, and its focus on digital currencies backed by physical gold and silver. The integration of blockchain technology also offers transparency and security that is appealing in todays financial landscape.

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In conclusion, Kinesis represents a novel approach to investing in precious metals, merging traditional assets with modern technology. However, potential investors should carefully consider the regulatory landscape and the associated risks before engaging with the platform.

For further information on Kinesis and its offerings, you can visit their official website or contact their customer support.

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