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Datavault AI, King Mining Launch $150M Gold Tokenization Deal as DVLT Stock Hits $0.71

Datavault AI (DVLT) launched a $150M+ GoldVault™ tokenization program with King Mining Capital, lifting its stock to $0.71 from $0.70 with a $432.41M market cap. The deal includes a 5% equity stake plus a warrant for another 5%, acquisition of 20,000 ounces of gold bullion payable in discounted stock projecting $40M profit, and tokens tracking COMEX prices with discounts and royalties. This strategic move links physical gold to digital assets, boosting liquidity and demand sentiment for gold while reinforcing tokenized RWA trends.

Category

Gold

Sentiment

Bullish

Event

Corporate action

Reading time

1 min