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KAGTokenized Commodities·Kinesis·LiveAs of Sep 5, 2026···

Kinesis Silver (KAG)

Token backed 1:1 by allocated physical silver (1 KAG = 1 troy ounce) — the first material tokenized silver.

Verified Capital Trust Rating
50/ 100
Limited+35 to Verified Capital (≥85)
OCB — 01·Rating breakdown
Methodology v1.6 · Sep 5, 2026

KAG across four dimensions

DisclosureLIMITING1 / 25
Liquidity17 / 25
Structure13 / 25
Concentrationn/a

Holder Concentration is not published for this instrument — its on-chain holder set is a small group of custody and mint/distribution accounts on a permissioned network with no public wallet labels; beneficial ownership behind them is not on-chain-visible. Publishing the raw on-chain share would misstate custody as investor concentration, so the composite reflects the three measured dimensions, renormalized.

Gap to Verified Capital (≥85)+35

Signal readings

Disclosure tier
none
Attestations / 180d
0
Outstanding supply
$245.57M
Liquidity / supply
0.000%
Top-10 holder pct
Withheld
Custody verification
partial surface

Custody & backing fields are descriptive — published, not scored

OCB — 02·Rating history
1 readings

KAG trust rating since coverage began

Rating trend

A rating trend is shown once sufficient history has accrued.

OCB — 03·Deployment

Where this instrument lives onchain

KAGKinesis (KAG)
KAGExplorer ↗
OCB — 04·Coverage gaps + diligence

Where coverage is incomplete — and what could narrow it

Methodology

KAG is scored across the same four dimensions as every other rated instrument in its class — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology ↗
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