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Datavault AI Signs Multi-Million Dollar Tokenization Services Agreement With Triton Geothermal to Provide Significant Revenue Opportunities
Globenewswire· 2025-11-17 13:00
Core Viewpoint - Datavault AI Inc. has entered into a Tokenization Service Agreement with Triton Geothermal LLC, which is expected to enhance Datavault's revenue through tokenization fees and ongoing transaction fee participation from Triton's digital token offering [1][2][5] Group 1: Agreement Details - Datavault AI will receive up to $8,000,000 in tokenization fees related to a digital token offering projected to have a gross value of approximately $125,000,000 [2] - The agreement includes a continuing participation of five percent of all digital token transaction fees collected by Triton after the offering [2] - Datavault AI is appointed as the exclusive technology provider for the tokenization of Triton's renewable geothermal energy portfolio [4] Group 2: Geothermal Energy Development - The digital token offering aims to support the development of Triton's geothermal energy production assets, with the initial extraction location validated by the U.S. Department of Energy [3] - The geothermal reservoir contains substantial recoverable fluid volumes and is part of a multi-year development program for baseload power plants in the U.S. [3] - Independent technical validation and market assessments have been completed to determine the economic feasibility of the resource [3] Group 3: Strategic Importance - The partnership represents a significant commercial opportunity for Datavault AI's RWA tokenization business and aligns with its strategic goal to expand recurring revenue in regulated digital asset markets [2][5] - The use of Datavault AI's platform is expected to enhance transparency, compliance, and operational control of tokenized renewable energy assets [5] - Datavault AI anticipates that similar tokenization agreements will increasingly contribute to its revenue as institutional participation and regulatory clarity in the digital asset sector develop [5]
Datavault AI Signs Multi-Million Dollar Tokenization Services Agreement With Triton Geothermal to Provide Significant Revenue Opportunities
Globenewswire· 2025-11-17 13:00
Core Viewpoint - Datavault AI Inc. has entered into a Tokenization Service Agreement with Triton Geothermal LLC, positioning itself as a leader in the valuation, digitization, and monetization of real-world assets, particularly in the renewable energy sector [1][2]. Group 1: Agreement Details - Under the agreement, Datavault AI will receive up to $8,000,000 in tokenization fees related to a digital token offering projected to have a gross value of approximately $125,000,000 [2]. - Datavault AI will also earn a continuing participation of five percent of all digital token transaction fees collected by Triton after the offering [2]. - This engagement is seen as a significant commercial opportunity for Datavault AI's RWA tokenization business, aligning with its strategic goal to expand recurring revenue in regulated digital asset markets [2]. Group 2: Geothermal Energy Development - The digital token offering aims to support the development of Triton's geothermal energy production assets, with the initial extraction location validated by the U.S. Department of Energy [3]. - The geothermal resource is based on a significant, independently verified reservoir with substantial recoverable geothermal fluid volumes, supporting a multi-year development program [3]. - Triton is responsible for the configuration and deployment of smart contract frameworks and administration of non-custodial controls under Datavault AI's tokenization protocols [4]. Group 3: Technology and Future Outlook - Datavault AI has been appointed as the exclusive technology provider for the tokenization of Triton's renewable geothermal energy portfolio, indicating a strong foundation for future operations [4]. - The digital tokens will be supported by an independent valuation acceptable to both parties, with distribution subject to applicable securities regulations [5]. - Datavault AI anticipates that similar tokenization agreements will increasingly contribute to its revenue as institutional participation and regulatory clarity in the digital asset sector evolve [5].