Datavault AI Inc. (NASDAQ: DVLT) announced an agreement with King Mining Capital to establish a $150 million tokenization program backed by gold resources. The transaction includes multiple components: a 5% equity investment in King Mining Capital, acquisition of 20,000 ounces of gold bullion, and the launch of the GoldVault tokenization program.

Under the agreement, Datavault AI will receive a 5% equity interest in King Mining Capital at closing, with a warrant for an additional 5% upon completion of the tokenization program. The company will acquire 20,000 ounces of physical gold bullion for delivery within 24 months, payable in Datavault AI common stock at a 30% discount to prevailing market gold prices.

The GoldVault program will utilize Datavault AI's blockchain platform to mint digital tokens representing ownership in gold assets. Tokens will be issued at a discount to spot gold market valuations and include a royalty stream tied to King Mining Capital's production. The program targets a launch in the third quarter of fiscal 2026.

"This King Mining Capital transaction is the most fully integrated RWA structure Datavault AI has executed to date," said Nathaniel T. Bradley, CEO of Datavault AI. The company projects the bullion acquisition could generate approximately $40 million in profit based on internal analysis.

The agreement follows Datavault AI's recent tokenization programs including a $100 million Coppercoin program with Coppercore Inc. and a $78.2 million initiative with American Strategic Minerals Inc. King Mining Capital is a North American advisory and investment company focused on mineral exploration and mining companies.

The transaction is subject to entering into a definitive agreement between the parties.