Datavault AI partners with American Strategic Minerals on $78 million tokenization initiative; Datavault AI earns up to 20% equity stake in American Strategic Minerals
Reuters
Yesterday
<a href="https://laohu8.com/S/DVLT">Datavault AI</a> partners with <a href="https://laohu8.com/S/NYC">American Strategic</a> Minerals on $78 million tokenization initiative; Datavault AI earns up to 20% equity stake in American Strategic Minerals
Datavault AI and American Strategic Minerals formed a strategic partnership to develop and monetize a resource extraction project in Arizona through a USD 78.2 million digital tokenization initiative.
The agreement allows Datavault AI to earn up to a 20% equity interest in American Strategic Minerals upon completion of performance milestones tied to the tokenization program.
Antimony is the first element planned for tokenization, with gold, copper, and silver listed as subsequent targets.
American Strategic Minerals is expected to receive up to USD 68.8 million of the total token value.
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