Web3MediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) Plans Strategic Minerals Platform With Patriot Strategic Metals
Datavault AI (NASDAQ: DVLT) announced a proposed strategic partnership with Patriot Strategic Metals LLC to jointly develop the Strategic Materials Acquisition Platform, an institutional digital infrastructure platform designed to support the financing, tokenization, settlement and lifecycle management of strategic mineral assets. The companies said the platform would combine Patriot Strategic Metals' strategic metals operations with Datavault AI's real-world asset tokenization technology, AI-enabled digital infrastructure and blockchain-based settlement capabilities. The proposed partnership contemplates an initial Phase I platform development program of up to $700 million, subject to financing, definitive agreements, board approvals and regulatory requirements, with approximately $62 million allocated for…