Datavault AI Partners With King Mining Capital on $150M Gold Tokenization Plan

According to Businesswire, on May 1, Nasdaq-listed Datavault AI announced a strategic partnership with King Mining Capital to launch GoldVault, a gold tokenization plan exceeding $150 million. Under the agreement, Datavault AI will acquire a 5% equity stake in King Mining Capital and an additional 5% warrant upon project completion, while also purchasing 20,000 ounces of physical gold at a 30% discount via stock payment.
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