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About Kinka
- Kinka (XNK) is a real-world stable coin launched by Daiichi Commodities and Crowd Bank.
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Key features:
- Real-world asset backing: 1 XNK token = 1 troy ounce of physical gold.
- Listed issuer: Daiichi Commodities, a publicly traded company on the Tokyo Stock Exchange (TSE).
- Partnership with Crowd Bank, Japan’s largest crowdfunding platform.
- Limited supply: 482 tokens currently in circulation.
- Bankrupt remote storage: Gold is stored in a secure vault, not included in the company’s bankruptcy estate.
- Minimum redemption: 10kg or 321.507
About Kinka
In the realm of cryptocurrency, Kinka emerges as a beacon of innovation, poised to revolutionize the digital landscape.
Kinka (XNK) is a pioneering stablecoin born from a collaborative effort between Daiichi Commodities, a publicly traded company listed on the Tokyo Stock Exchange (TSE) under the ticker symbol 8746.T, and Crowd Bank, Japan’s largest crowdfunding platform, bringing a touch of real-world stability to the digital realm.
Key features of Kinka (XNK): * Real-world Asset Backing: Each XNK token is
inextricably linked to a troy ounce of physical gold, securely stored in a
vault, ensuring a 1:1 reserve ratio. * Listed Issuer: Notably, XNK is launched
by Daiichi Commodities, a reputable and established company with a proven
track record, listed on the Tokyo Stock Exchange (TSE), thereby adding a layer
of credibility and accountability to the project. * Strategic Partnership with
Crowd Bank: The collaboration with Crowd Bank, a leading crowdfunding platform
in Japan, underscores XNK’s commitment to democratizing gold investment and
making it accessible to a broader audience. * Limited Supply: With a
circulating supply of only 482 tokens, XNK presents a unique opportunity
for investors seeking exposure to a scarce asset class like gold. As we
expand our vault, additional tokens will be issued. * Bankrupt-Remote Storage:
The gold backing XNK is stored in a secure vault, insulated from the company’s
bankruptcy estate in the event of unforeseen circumstances. * Minimum
Redemption Threshold: While XNK tokens represent individual troy ounces,
physical gold redemption requires a minimum of 10kg or 321.507 XNK. *
Multi-chain Liquidity: Currently trading on Bitmart and Coinw, XNK is actively
developing bridges to popular blockchains like Binance Smart Chain (BSC) and
Polygon, paving the way for the creation of liquidity pools and enabling
arbitrage opportunities between centralized exchanges (CEX) and decentralized
exchanges (DEX).
Benefits of Investing in XNK: * Invest in Gold with Ease: XNK provides a secure and convenient means of investing in physical gold, eliminating the need for storage and transportation hassles. * Democratizing Gold Investment: Unlike traditional gold investment, XNK enables fractional ownership of a gold bar, making this lucrative market accessible to a broader range of investors. * Unwavering Transparency and Trust: The strategic partnerships with esteemed institutions, such as Daiichi Commodities and Crowd Bank, foster an ecosystem built on trust, transparency, and accountability. * Unlocking Future Growth Potential: With a limited supply and expanding functionalities across various blockchain platforms, XNK presents a compelling opportunity for future growth. Conclusion: Kinka (XNK) revolutionizes traditional gold investment by offering a secure, transparent, and accessible tokenized solution. Backed by a reputable company and partnered with a leading crowdfunding platform, XNK is poised to transform the gold investment landscape.