Svmuu reported that Nasdaq-listed company Datavault AI has announced a strategic partnership with King Mining Capital to jointly launch the GoldVault™ gold tokenization initiative valued at over $150 million, while simultaneously advancing equity investment, physical gold acquisition, and mineral revenue binding structures.
According to the agreement framework, Datavault AI will receive a 5% equity stake in King Mining Capital, along with an additional 5% warrant upon completion of the tokenization project. Furthermore, the company plans to acquire 20,000 ounces of physical gold at a 30% discount through stock-based payment. (Businesswire)