# Kinesis partners with Valaurum to produce circulating physical gold bills Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2023-07-27 Category: FINANCE Category URL: https://financedigest.com/category/finance Meta Title: Kinesis and Valaurum Team Up to Produce Gold Bills Meta Description: Discover innovative Kinesis Aurum® gold bills with practical amounts of gold for your investment portfolio. Vaulted, minted, and redeemed through the Kinesis URL: https://financedigest.com/kinesis-partners-with-valaurum-to-produce-circulating-physical-gold-billshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/kinesis-partners-with-valaurum-to-produce-circulating-physical-gold-bills-1736813714024-compressed.jpg) # Kinesis partners with Valaurum to produce circulating physical gold bills **London, United Kingdom, July 27th, 2023, FinanceWire** Kinesis Money, the 1:1 gold and silver-backed monetary system, has established a global collaborative relationship with Valaurum, the manufacturer of the patented Aurum® gold bill, to produce a series of Kinesis gold bills containing small, practical amounts of gold for investment portfolios and global spending. Kinesis and Valaurum will be issuing a line of co-branded “Kinesis Aurum®” with unique custom designs, beginning with two bills containing one-tenth of a gram (100mg) and one gram of gold, respectively. The precise, micro-layer of gold enshrined within the Kinesis Aurum® will be visible from edge to edge throughout each bill, and will enable investors, collectors, and gold enthusiasts to store and use their gold in a new way. Under the collaboration, the Kinesis Aurum® will be vaulted, minted, and redeemed through the Kinesis Money platform — including as a physical embodiment of the Kinesis gold (KAU) token — and will be fully accepted for deposit and minting in exchange for whole or fractional amounts of KAU. The [bills will also be independently marketed](https://www.financedigest.com/medical-coding-market-is-driving-by-increasing-demand-for-standardized-billing-procedures-by-2031.html "Medical Coding Market is driving by Increasing demand for standardized billing procedures by 2031") and sold through the Kinesis online bullion dealer, the Kinesis Bullion store. Through the partnership, Kinesis and Valaurum will also collaborate to offer a comprehensive digital and [physical](https://www.financedigest.com/limited-support-for-central-bank-digital-currencies-in-global-investment-industry-survey.html "Limited support for central bank digital currencies in global investment industry survey") gold-based monetary system to governmental entities worldwide and seek to elevate the global positioning of gold as a viable currency. Additionally, Kinesis will continue to position itself at the forefront of spending gold both physically and digitally, with Kinesis Aurum® [offering physical gold spending and the Kinesis Virtual Card offering global](https://www.financedigest.com/multilocal-launches-low-carbon-marketplace-globally-to-bolster-sustainability-offering.html "Multilocal Launches Low Carbon Marketplace Globally To Bolster Sustainability Offering"), digital spending of KAU. **Thomas Coughlin, [Chief Executive](https://www.financedigest.com/naturgys-profit-rises-on-lng-gains-soothing-shareholders-by-pietro-lombardi-madrid-reuters-spanish-power-utility-naturgy-reported-on-monday-an-88-jump-in-profit-for-the-first-six-months-of.html "Naturgy’s profit rises on LNG gains, soothing shareholders By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas (LNG) business, which could help it to win over restive investors. Earlier this month, the company said it would increase its dividend floor through 2025 while trimming expected investment, as it sought to make rewarding shareholders a priority. Pleasing them has become a focus as Naturgy considers changes that could reshape the company and after arguments over the potential appointment of a chief executive. Naturgy’s first-half net profit jumped to 1.05 billion euros (.16 billion), boosted by its liquefied natural gas (LNG) business. Shares were down 0.2% in mid-morning trading, bucking deeper declines, in particular for Spain’s blue-chip banks and utilities after a general election on Sunday produced no clear winner. Renta 4 Banco analyst Angel Perez Llamazares said Naturgy performed better than expected, adding “cash flows also beat our expectation,” and debt fell more than expected. After natural gas prices hit record levels last year, Naturgy said a fall in procurement costs this year and hedging gains had boosed profits. In the first half of the year, the company “exceeded the objectives of operating efficiency, cash generation, investment materialisation and debt reduction,” Executive Chairman and CEO Francisco Reynes said. After rival Iberdrola named a separate CEO last year, Naturgy is the only large energy company in Spain to combine the roles of executive chairman and CEO. Earlier this month, the company raised the dividend floor to 1.40 euros a share, from 1.20 euros. Operating profit (earnings before interest, tax, depreciation and amortisation) is expected to reach 5.1 billion euros, compared with a previous guidance of 4.8 billion euros. It said it was targeting net profit of 1.8 billion euros in 2025. Naturgy also relaunched its plan to split regulated infrastructure operations and liberalised energy businesses into two listed companies. The project had been suspended after the Ukraine war disrupted energy markets and analysts are still sceptical. “We believe it is unlikely that Naturgy will be able to implement its asset split in the short term and it is also unlikely that a big change in the shareholding of the company would occur,” said RBC analyst Fernando Garcia. ( = 0.8986 euros) (Reporting by Pietro Lombardi, editing by Inti Landauro and Barbara Lewis)") Officer of Kinesis Money, said:** “The [partnership between Kinesis and Valaurum introduces](https://www.financedigest.com/adnami-continues-its-european-expansion-by-introducing-new-partnership-with-largest-pan-european-online-car-market-autoscout24.html "Adnami continues its European expansion by introducing new partnership with largest pan-European online car market AutoScout24") a revolutionary way for everyone, including governments, collectors, and investors, to own physical Kinesis gold bullion in the form of a convenient bill. “The Kinesis gold Aurum® provides a new form of currency that can be spendable in the same way as fiat and brings additional use-cases and utility for physical gold bullion.” **Adam Trexler, President of Valaurum, said:** “The partnership between Valaurum and Kinesis connects the emerging standard for physical gold money and affordable gold bullion — the Aurum® — with Kinesis’s class-leading, [global digital](https://www.financedigest.com/the-global-digital-label-printing-market-will-grow-at-a-significant-cagr-throughout-2020-2030.html "The Global Digital Label Printing Market Will Grow At A Significant CAGR Throughout 2020-2030") monetary system, enabling everyone to receive, save, and spend wealth in gold efficiently. We are very excited to be working with Kinesis.” ————————————————– **About Valaurum** Valaurum, Inc., using its proprietary, patented technology, manufactures and distributes the Aurum®, the smallest verifiable unit of gold bullion available on the [world market](https://www.financedigest.com/world-shares-rally-as-china-offers-markets-a-hand.html "World shares rally as China offers markets a hand"), including legal tender, commemorative, and bullion issuances. Valaurum has manufactured Aurum® containing amounts of gold ranging from 30 milligrams to 1/20 of a troy ounce. Founded in 2012, Valaurum is headquartered in Portland, Oregon, USA. For additional information about the company and its products, please visit [www.valaurum.com](http://www.valaurum.com/). **About Kinesis** Kinesis Money is a gold and silver-backed monetary system that facilitates the investment, trade, management, and everyday spending of physical [precious metals](https://www.financedigest.com/best-paying-jobs-in-precious-metals.html "Best paying jobs in precious metals"), digital assets and cryptocurrencies. Through its monetary system, users can [earn non-debt based yields](https://www.financedigest.com/global-shares-u-s-yields-rise-as-investors-eye-rates-earnings.html "Global shares, U.S. yields rise as investors eye rates, earnings") on physical, allocated gold and silver and spend, save, trade, and redeem their precious metals anytime on a global, low-fee basis. For more information about Kinesis, please visit [www.kinesis.money](http://www.kinesis.money/) ##### **Contact** ##### **Marketing Executive** ##### **Zubair Bukhari** ##### **Kinesis Money** ##### **zubair.bukhari@kinesis.money** --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---