Datavault AI Inc. (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. The agreement targets trading on regulated venues including PM MTF Ltd., an EU-licensed Multilateral Trading Facility regulated by the Cyprus Securities and Exchange Commission.
The initial phase 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. According to the announcement, three programs carry confirmed combined targeted issuance of more than $328 million. 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.
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. This development could significantly broaden the investor base for these assets, allowing retail and smaller investors to participate in commodity markets through tokenized instruments.
The partnership leverages Perpetuals.com's platform to offer trading in these digital assets, potentially increasing liquidity and transparency in commodity markets. The move aligns with the growing trend of tokenizing real-world assets to bring efficiency and accessibility to traditional markets.
Datavault AI's technology suite, which includes AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment, supports the tokenization process. The company's cloud-based platform provides solutions across its Acoustic Sciences and Data Science divisions. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization, serving industries such as sports & entertainment, biotech, fintech, real estate, healthcare, and energy.
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. The company's technology suite offers AI- and machine-learning-based automation, third-party integration, and detailed analytics.
This announcement marks a significant step in the integration of blockchain technology with traditional commodity trading, potentially setting a precedent for future tokenization of physical assets. By providing a regulated venue, the partnership could mitigate some of the risks associated with unregulated digital asset trading, offering investors a more secure environment.
For more details, the full press release is available at https://ibn.fm/J12mq. Additional information about Datavault AI can be found at https://www.dvlt.ai.
