Datavault AI (NASDAQ: DVLT) a provider of data monetization, credentialing, digital engagement and real-world asset (“RWA”) tokenization technologies, announced that it has entered into a Mutual Services Agreement and Statement of Work with Perpetuals.com Ltd. (NASDAQ: PDC) to list Datavault AI RWA token programs on the Perpetuals exchange platform, targeting trading on regulated venues including PM MTF Ltd., an EU-licensed Multilateral Trading Facility regulated by the Cyprus Securities and Exchange Commission. The agreement initially covers the MTB Copper project, with provisions for future expansion to additional commodity programs spanning gold, copper, geothermal energy infrastructure, U.S. strategic minerals and European iron-nickel resources.
Datavault AI said the agreement provides a regulated trading venue for tokenized physical commodity assets that have historically been accessible mainly to institutional commodity traders, large-scale investors and those with access to specialized futures markets. The company said three programs carry confirmed combined targeted issuance of more than $328 million, while the broader portfolio includes GoldVault(TM), Coppercoin(TM), MTB Copper, Triton Geothermal and the American Strategic Minerals Digital Asset Program, with implementation expected in phases beginning with MTB Copper.
To view the full press release, visit https://ibn.fm/J12mq
At a glance
- Company
- Datavault AI
- Ticker
- NASDAQ: DVLT
- Announcement
- Partnership
Key figures
- Combined targeted issuance for three programs
- more than $328 million
Products and programs
About Datavault AI
Datavault AI(TM) is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Science divisions.
The Acoustic Sciences division features WiSA(R), ADIO(R), and Sumerian(R) patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization. The platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, biotech, fintech, real estate, healthcare, energy, and more.
The Information Data Exchange(R) enables Digital Twins and the licensing of name, image, and likeness by securely anchoring to immutable metadata, fostering responsible AI with integrity. The Company’s technology suite offers AI- and machine-learning-based automation, third-party integration, and detailed analytics. Datavault AI is headquartered in Philadelphia, PA. Learn more at .
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In brief
Datavault AI says it has signed a services agreement and work plan with Perpetuals.com to place its real-world asset token programs on the Perpetuals exchange platform. The initial phase centers on the MTB Copper project, with potential later additions involving precious and industrial metals, geothermal infrastructure, and mineral resources in the United States and Europe. The companies are aiming for trading on regulated venues, including PM MTF Ltd., which the release describes as an EU-authorized multilateral trading facility overseen by Cyprus’s securities regulator. Datavault AI says three programs have combined targeted issuance exceeding $328 million. Rollout is expected to occur in stages, starting with MTB Copper. The broader program lineup named in the announcement includes GoldVault, Coppercoin, Triton Geothermal, and an American strategic minerals digital asset program.
Key takeaways
- Datavault AI and Perpetuals.com signed an agreement covering token-program listings on the Perpetuals exchange platform.
- The first phase is focused on the MTB Copper project.
- The release cites more than $328 million in combined targeted issuance across three programs.
- Potential future programs include commodities, geothermal infrastructure, and mineral resources.
SEC filings
Earlier from Datavault AI
- Datavault AI (NASDAQ: DVLT) Forms DelivMeds AI Venture Through Wellgistics Partnership and Strategic Acquisitions
- Datavault AI (NASDAQ: DVLT) Reports Q1 Revenue Growth, Advances AI Infrastructure and Tokenization Strategy
- Datavault AI (NASDAQ: DVLT) Evaluating Dividend Spin-Out of Acoustic Sciences Division Into API Media
- Datavault AI (NASDAQ: DVLT) Announces $60M Registered Direct Offering
- Datavault AI (NASDAQ: DVLT) Announces $60M Registered Direct Offering
