AZG vs KAU
AZ Gold Reserve and Kinesis Gold are both gold tokens, so this page compares them. AZG is issued by AZ Reserves Ltd on Ethereum. KAU is issued by Kinesis KAU is issued by Kinesis Cayman. The ERC-20 token is a 1:1 claim on that KAU, issued by KMS Labs S.A., a company incorporated in Panama. on Ethereum. The cited pages differ on issuer, custodian, fees, redemption, minimum size. A dash is a field the issuer page does not state. The reverse URL redirects to this alphabetical pair.
All RWA tokens · AZ Gold Reserve · Kinesis Gold
| Field | AZ Gold Reserve | Kinesis Gold |
|---|---|---|
| Ticker | AZG | KAU |
| Asset class | Gold | Gold |
| Issuer | AZ Reserves Ltd | Kinesis KAU is issued by Kinesis Cayman. The ERC-20 token is a 1:1 claim on that KAU, issued by KMS Labs S.A., a company incorporated in Panama. |
| Issuer jurisdiction | — | Cayman Islands (Kinesis KAU); Panama (KMS Labs S.A., the ERC-20 issuer) |
| Regulator | — | — |
| Token type | Reserve-backed digital asset linked to pledged bullion, in-ground resources and above-ground resources. | 1 KAU equals 1 gram of allocated physical gold of minimum 999.9 purity. The ERC-20 token is backed 1:1 by Kinesis KAU held in reserve by KMS Labs. |
| Custodian | — | Fully allocated bullion is stored in insured third-party vaults by ABX vault partners. Kinesis names Loomis and Brink's among the logistics and vaulting partners. The gold page lists vault hubs including London, New York, Zurich, Singapore, Hong Kong, Dubai, and Sydney. |
| Auditor | Hashlock (smart-contract audit of the AZ Reserves Ltd token contracts, final report v2). This is a code audit, not a reserve attestation. | Bureau Veritas, an independent physical audit every six months. |
| Chains | Ethereum | Ethereum |
| Fees | — | Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery. |
| Redemption | Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway. | Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman. |
| Minimum unit | — | 1 KAU = 1 gram. Divisible to 0.00001 grams. The fees page also lists a 0.00001 KAU figure. |
| Launched | — | — |
| Website | https://arizore.io/ | https://kinesis.money/gold/ |
| CoinGecko id | — | — |
| Market cap | — | — |
| Supply | — | — |
How to buy AZG
The cited catalog does not include an official how-to-buy path for AZ Gold Reserve.
Who can and cannot hold AZG
The issuer does not publish a jurisdiction for AZ Gold Reserve.
The issuer does not publish a regulator for AZ Gold Reserve.
The cited catalog does not include a restricted-holder statement for AZ Gold Reserve.
What redemption actually means in practice for AZG
Redemption, as published: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway.
The issuer does not publish a minimum size for AZ Gold Reserve.
The issuer does not publish an issuer fee for AZ Gold Reserve.
How to buy KAU
The cited catalog does not include an official how-to-buy path for Kinesis Gold.
Who can and cannot hold KAU
Kinesis Gold is issued from Cayman Islands (Kinesis KAU); Panama (KMS Labs S.A., the ERC-20 issuer).
The issuer does not publish a regulator for Kinesis Gold.
The cited catalog does not include a restricted-holder statement for Kinesis Gold.
What redemption actually means in practice for KAU
Redemption, as published: Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman.
Minimum size, as published: 1 KAU = 1 gram. Divisible to 0.00001 grams. The fees page also lists a 0.00001 KAU figure.
Fees, as published: Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery.
AZ Gold Reserve sources
Kinesis Gold sources
Questions
Yes. Both are gold. RWA Leads does not publish a comparison across asset classes.
AZ Gold Reserve: AZ Reserves Ltd. Kinesis Gold: Kinesis KAU is issued by Kinesis Cayman. The ERC-20 token is a 1:1 claim on that KAU, issued by KMS Labs S.A., a company incorporated in Panama..
AZG fees: not stated. KAU fees: Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery.. AZG redemption: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway.. KAU redemption: Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman..
The slugs in alphabetical order: /compare/azg-vs-kau. The other order is a permanent redirect.
AZ Gold Reserve: The cited catalog does not include an official how-to-buy path for AZ Gold Reserve. Kinesis Gold: The cited catalog does not include an official how-to-buy path for Kinesis Gold.
The issuer does not publish a jurisdiction for AZ Gold Reserve. The issuer does not publish a regulator for AZ Gold Reserve. The cited catalog does not include a restricted-holder statement for AZ Gold Reserve. Kinesis Gold is issued from Cayman Islands (Kinesis KAU); Panama (KMS Labs S.A., the ERC-20 issuer). The issuer does not publish a regulator for Kinesis Gold. The cited catalog does not include a restricted-holder statement for Kinesis Gold.
AZ Gold Reserve: Redemption, as published: Arizore terms say the operator does not guarantee liquidity, market access, convertibility or a redemption pathway. The issuer does not publish a minimum size for AZ Gold Reserve. The issuer does not publish an issuer fee for AZ Gold Reserve. Kinesis Gold: Redemption, as published: Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman. Minimum size, as published: 1 KAU = 1 gram. Divisible to 0.00001 grams. The fees page also lists a 0.00001 KAU figure. Fees, as published: Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery.