Datavault AI and Kings Mine Capital Launch $150 Million Gold Tokenization Initiative
Source:
www.businesswire.com
According to Businesswire, Nasdaq-listed Datavault AI announced a strategic partnership with King Mining Capital to jointly launch the GoldVault™ gold tokenization initiative—valued at over USD 150 million—and simultaneously advance equity investment, physical gold acquisition, and mining revenue-linked structures.
Under the agreement, Datavault AI will receive a 5% equity stake in King Mining Capital and an additional 5% warrant upon completion of the tokenization project. The company also plans to acquire 20,000 ounces of physical gold via stock payment at a 30% discount.