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Deep Tide TechFlow news, April 30, according to a report by Businesswire. Datavault AI, a Nasdaq-listed company, announced a strategic partnership with King Mining Capital, under which they will jointly launch the GoldVault™ gold tokenization program with a scale of more than $150 million, while also advancing an approach that links equity investment, physical gold acquisitions, and mineral revenue.
Under the agreement framework, Datavault AI will receive 5% equity in King Mining Capital and, after the tokenization project is completed, will obtain an additional 5% warrant to subscribe for shares. In addition, the company plans to acquire 20,000 ounces of physical gold via a stock payment method at a 30% discount.