Datavault AI, a Nasdaq-listed company, has announced a strategic partnership with King Mining Capital to launch the GoldVault™ gold tokenization project, valued at over $150 million. According to Odaily, the collaboration will also involve equity investments, physical gold acquisitions, and a structure tied to mining revenues.
Under the agreement, Datavault AI will acquire a 5% equity stake in King Mining Capital and will receive an additional 5% warrant upon completion of the tokenization project. The company plans to purchase 20,000 ounces of physical gold at a 30% discount through stock payment.
