Datavault AI Inc. has entered into a $7 million minting deal and 30% perpetual royalty partnership with Tanzania-based MTB Mining Limited, signaling a major advancement in mineral verification and global commerce through digital transformation. The agreement will leverage Datavault AI's patented Sumerian technology to digitize MTB's extensive mineral resources, including more than 25 million metric tons of copper reserves, 2.44 square kilometers of proven mineral assets, and notable gemstones such as the Windsor Ruby.
The digitization process will transform these physical resources into verified, traceable digital assets for the forthcoming International Elements Exchange, a virtual refinery designed to enable compliant, transparent and monetizable real world asset trading. This partnership represents a significant application of Web 3.0 technology in the traditional mining sector, potentially setting new standards for asset verification and global commodity trading. The perpetual royalty arrangement ensures ongoing revenue sharing between the companies beyond the initial minting agreement.
Datavault AI's technology platform provides comprehensive solutions for data monetization, credentialing, digital engagement and real world asset digitization. The company's cloud-based system serves multiple industries through its Acoustic Science and Data Science Divisions, with the Information Data Exchange enabling Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects. Additional information about the company is available at https://www.datavaultsite.com.
The implications of this partnership extend beyond the immediate financial arrangement, potentially revolutionizing how mineral assets are verified, tracked and traded globally. By creating a unified digital ledger for mineral resources, the technology could address longstanding challenges in supply chain transparency and asset verification that have plagued the mining industry. The full details of the partnership are documented in the official press release available at https://ibn.fm/s1azn, while ongoing updates about Datavault AI's developments can be found at https://ibn.fm/DVLT.
This collaboration between a technology company and traditional mining operation demonstrates the growing convergence of digital innovation with established industries, potentially creating new paradigms for asset management and global commerce. The ability to transform physical mineral resources into verified digital assets could streamline international trade while providing enhanced transparency and compliance capabilities for market participants.
