Datavault AI Signs Agreement to Offer 24/7 Global Trading in Traditional Mining, Energy Commodities

MT Newswires Live
05/29

Datavault AI (DVLT) has signed an agreement with Perpetuals.com (PDC) to open round-the-clock global trading for real-world assets, significantly increasing liquidity for the mining and energy industries.

The move deploys Datavault's data management systems alongside Perpetuals.com's trading platform, linking the traditional mining and energy sectors with decentralized finance by tokenizing raw materials, according to a statement early Friday.

Trading in critical minerals and green energy assets in real time will specifically focus on commodities such as gold, copper, geothermal energy, and critical minerals, Datavault said.

The agreement covers more than $328 million in "confirmed" commodity token programs, generating about $38 million in fees for Datavault, it said.

Shares of Datavault and Perpetuals.com rose 2.2% and 0.7%, respectively, in Friday's premarket activity.

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