London, United Kingdom, July twenty seventh, 2023, FinanceWire
Kinesis Cash, the 1:1 gold and silver-backed financial system, has established a worldwide collaborative relationship with Valaurum, the producer of the patented Aurum® gold invoice, to provide a sequence of Kinesis gold payments containing small, sensible quantities of gold for funding portfolios and international spending.
Kinesis and Valaurum shall be issuing a line of co-branded “Kinesis Aurum®” with distinctive customized designs, starting with two payments containing one-tenth of a gram (100mg) and one gram of gold, respectively. The exact, micro-layer of gold enshrined throughout the Kinesis Aurum® shall be seen from edge to edge all through every invoice, and can allow buyers, collectors, and gold lovers to retailer and use their gold in a brand new approach.
Beneath the collaboration, the Kinesis Aurum® shall be vaulted, minted, and redeemed by way of the Kinesis Cash platform — together with as a bodily embodiment of the Kinesis gold (KAU) token — and shall be totally accepted for deposit and minting in change for complete or fractional quantities of KAU. The payments may even be independently marketed and offered by way of the Kinesis on-line bullion seller, the Kinesis Bullion retailer.
Via the partnership, Kinesis and Valaurum may even collaborate to supply a complete digital and bodily gold-based financial system to governmental entities worldwide and search to raise the worldwide positioning of gold as a viable foreign money.
Moreover, Kinesis will proceed to place itself on the forefront of spending gold each bodily and digitally, with Kinesis Aurum® providing bodily gold spending and the Kinesis Digital Card providing international, digital spending of KAU.
Thomas Coughlin, Chief Govt Officer of Kinesis Cash, mentioned:
“The partnership between Kinesis and Valaurum introduces a revolutionary approach for everybody, together with governments, collectors, and buyers, to personal bodily Kinesis gold bullion within the type of a handy invoice.
“The Kinesis gold Aurum® supplies a brand new type of foreign money that may be spendable in the identical approach as fiat and brings further use-cases and utility for bodily gold bullion.”
Adam Trexler, President of Valaurum, mentioned:
“The partnership between Valaurum and Kinesis connects the rising customary for bodily gold cash and reasonably priced gold bullion — the Aurum® — with Kinesis’s class-leading, international digital financial system, enabling everybody to obtain, save, and spend wealth in gold effectively. We’re very excited to be working with Kinesis.”
————————————————–
About Valaurum
Valaurum, Inc., utilizing its proprietary, patented know-how, manufactures and distributes the Aurum®, the smallest verifiable unit of gold bullion obtainable on the world market, together with authorized tender, commemorative, and bullion issuances. Valaurum has manufactured Aurum® containing quantities of gold starting from 30 milligrams to 1/20 of a troy ounce.
Based in 2012, Valaurum is headquartered in Portland, Oregon, USA. For extra details about the corporate and its merchandise, please go to www.valaurum.com.
About Kinesis
Kinesis Cash is a gold and silver-backed financial system that facilitates the funding, commerce, administration, and on a regular basis spending of bodily treasured metals, digital belongings and cryptocurrencies.
Via its financial system, customers can earn non-debt based mostly yields on bodily, allotted gold and silver and spend, save, commerce, and redeem their treasured metals anytime on a worldwide, low-fee foundation.
For extra details about Kinesis, please go to www.kinesis.cash