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Datavault AI and ASMI Forge Partnership for Mineral Tokenization
Datavault AI Inc. has announced a strategic partnership with American Strategic Minerals Inc. (ASMI) to monetize U.S. mined and refined metals through tokenization, beginning with antimony. This initiative aims to contribute to a domestic supply chain for critical minerals, reducing reliance on foreign-controlled sources. Datavault AI will earn up to a 20% equity stake in ASMI upon achieving performance milestones linked to the tokenization project.
The collaboration involves a $78.2 million digital tokenization effort with an initial focus on antimony, followed by gold, copper, and silver. Datavault AI's patented platform will enable blockchain-based tokenization, creating liquidity and capital opportunities for traditionally illiquid assets. The venture is positioned as a model for future asset-backed digital monetization within the critical minerals sector.
R. H.
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