Kinesis is pleased to announce North Block Capital as an investor in the Kinesis Velocity Token (KVT) and an advisor to the Kinesis Money project.
North Block Capital is a London-based investment group for the digital token capital markets that delivers advisory, capital markets and asset management services. North Block Capital is a fund which principally invests in the highest quality, private sale ICOs. Historic investments include Enigma, Filecoin, Blockstack, Origin, Tari, SFox, Hashgraph and Republic.
Kinesis has also been invited to present to North Block’s institutional and HNW investor network at the beginning of May where we are pleased to present not only the KVT offer but to also have the opportunity to showcase our Kinesis Mint, which is now live and receiving good coverage within the precious metals and cryptocurrency markets.
Ryan Case, CCO at Kinesis comments, “Having successfully completed our first technology release, the Kinesis Mint, we are pleased to be working closely with North Block Capital to further showcase Kinesis Money and the gold- and silver-based digital currencies we offer”.
Simon Wajcenberg, CEO of North Block Capital comments, “We are delighted to be advisor and investor in Kinesis. The project is a valuable addition to our portfolio, we expect strong demand for the platform. We look forward to working with Kinesis to help them grow globally.“
Company Background
Kinesis is a monetary system which is based on the traditionally stable commodities, gold and silver. The Kinesis Monetary System allows participants to mint their precious metals onto the blockchain using a bespoke process developed by Kinesis in partnership with Allocated Bullion Exchange, abx.com. Participants can then spend this physical bullion using the Kinesis debit card and the Kinesis eWallet. This system is made safe and reliable by strategic and technical partnerships with an institutional precious metals exchange and others. Over 65,000 KVTs have been sold to date and are currently for sale to the public at USD1,000/KVT. The Kinesis Velocity Token is a utility token attached to the success of the Kinesis system, providing participants with a 20% share of all the transaction fees generated proportionate to their holdings of the limited 300k supply. KVTs are now in the public sale period, ending in 30th June 2019. More information available at https://www.kinesis.money.
About Kinesis Money
Videos, Quotes, Opinion pieces and B-roll available upon request, please contact marketing@kinesis.money. For any questions or enquiries related to this announcement please contact sales@kinesis.money
