Datavault AI and Kings Mine Capital reach $150 million gold tokenization agreement

CoinFeed reported on May 1st that, according to Businesswire, Nasdaq-listed Datavault AI announced a strategic partnership with King Mining Capital to jointly launch a GoldVault™ tokenization program exceeding $150 million, simultaneously advancing equity investment, physical gold acquisition, and a mining revenue-linked structure. Under the agreement, Datavault AI will acquire a 5% stake in King Mining Capital, with an additional 5% option upon completion of the tokenization project. The company also plans to acquire 20,000 ounces of physical gold at a 30% discount through stock payment.