Datavault AI Turns Raw Earth into Digital Power in $7 Million Deal with MTB Mining Ltd.
Globenewswire·2025-11-24 14:05

Core Insights - Datavault AI has entered a $7 million minting deal and a 30% perpetual royalty partnership with MTB Mining Limited, marking a significant advancement in the digitization of mineral resources [1][3] - The partnership aims to transform rare earth minerals into verified, traceable, digitized assets for trading on the upcoming International Elements Exchange [1][7] - This collaboration represents a blueprint for the evolution of physical assets into digital assets, enhancing transparency and compliance in the marketplace [2][6] Company Overview - Datavault AI specializes in data monetization, credentialing, digital engagement, and real-world asset digitization technologies [1][8] - The company utilizes its patented Sumerian® technology to create immutable digital signatures for assets, ensuring verification and traceability [4][6] - Datavault AI's mission is to build infrastructure for a data-driven economy, focusing on verification and trusted information [6][8] Industry Impact - The partnership with MTB Mining Limited allows for the digital representation of over 25 million metric tons of copper reserves and other valuable minerals, facilitating their entry into the global market [3][5] - Digitally verifiable asset records are expected to modernize Tanzania's economy, enabling lending, collateralization, and cross-border trade [5][6] - The International Elements Exchange will function as a virtual refinery, converting physical assets into digital evidence for trading and monetization [7]