PANews reported on May 1 that, according to Businesswire, Nasdaq-listed Datavault AI announced a strategic partnership with King Mining Capital to jointly launch a GoldVault™ tokenization program worth over $150 million, while simultaneously advancing equity investment, physical gold acquisition, and a mining revenue-linked structure.
Under the agreement, Datavault AI will acquire a 5% stake in King Mining Capital and an additional 5% stake upon completion of the tokenization project. The company also plans to acquire 20,000 ounces of physical gold at a 30% discount through stock payment.
