Datavault AI launches $150M gold tokenization program

Stock image.

Data monetization company Datavault AI (NASDAQ: DVLT) is launching a $150 million gold tokenization program as part of a multi-component transaction with North American-based mining investment firm King Mining Capital.

The program — named GoldVault — would see Datavault deploy its blockchain platform to mint digital tokens that give their holders pro-rata digital ownership in premium in-ground and refined gold assets with strong American mining ties.

These tokens are expected to use the company’s patented smart-contract technology for ownership verification, AI-driven valuation and revenue participation rights linked to future commercial gold production.

Pricing of these tokens will track the COMEX gold benchmark on a per-ounce basis, though they will be initially issued at a discount to prevailing spot gold market valuations, providing holders with a built-in value margin at issuance, Datavault said in a statement on Thursday.

Token holders will also participate in a royalty stream tied to King Mining Capital’s production, generating recurring economic upside beyond underlying metal price appreciation, it added.

The program is targeted for launch by the third quarter of fiscal 2026. At least $150 million worth of tokens are expected to be created.

Equity investment

As part of the launch, Datavault is expected to receive a 5% equity interest in King Mining Capital and warrants to acquire an additional 5%. The company also anticipates receiving the right to acquire 20,000 oz. of physical gold from King Mining Capital for delivery within 24 months of signing a definitive agreement, payable in Datavault common stock at a 30% discount to market prices.

Based on current spot pricing and internal analysis, Datavault projects this bullion acquisition to generate approximately $40 million in profit.

The structure aligns Datavault directly with the long-term performance of King Mining Capital’s underlying mineral assets while expanding the company’s strategic balance-sheet exposure to US-aligned precious metals, the Philadelphia-based tech firm said.

Shares of Datavault AI traded 1% higher at just over $0.70 apiece on the NASDAQ. Its market capitalization is approximately $499 million.

“This King Mining Capital transaction is the most fully integrated RWA (real-world asset) structure Datavault AI has executed to date,” its CEO Nathaniel Bradley stated. “We are taking a direct equity position in the miner, locking in 20,000 oz. of physical bullion at a meaningful discount to spot, and giving GoldVault token holders a royalty stream tied to actual production.”

“Partnering with Datavault AI is a game-changer for King Mining Capital. It validates our high-quality gold assets, provides immediate access to global digital capital markets, and creates exciting new liquidity and upside for our stakeholders,” Jeffrey Katz, managing principal of King Mining Capital, added.

Comments

Your email address will not be published. Required fields are marked *

No comments found.

{{ commodity.name }}