PANews May 1 news, according to Businesswire, Nasdaq-listed company Datavault AI announced a strategic cooperation with King Mining Capital to jointly launch a GoldVault™ gold tokenization program valued at over $150 million, and to simultaneously promote equity investment, physical gold acquisition, and mineral revenue binding structure.

According to the agreement framework, Datavault AI will acquire 5% equity in King Mining Capital and will receive an additional 5% warrant after the tokenization project is completed. Meanwhile, the company also plans to acquire 20,000 ounces of physical gold through a stock payment method at a 30% discount.

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