TechFlow News, April 30: According to a Businesswire report, Nasdaq-listed Datavault AI announced a strategic partnership with King Mining Capital to jointly launch the GoldVault™ gold tokenization initiative—valued at over $150 million—and simultaneously advance equity investment, physical gold acquisition, and a mining revenue-linked structure.
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 troy ounces of physical gold via stock payment at a 30% discount.
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