Datavault AI (NASDAQ: DVLT) unveiled a multi-part deal with King Mining Capital to launch a $150 million-plus gold tokenization program, acquiring rights to 20,000 ounces of physical bullion and an equity stake in the mining firm. The transaction marks a significant expansion of the company’s push to tokenize real-world commodities.
"This King Mining Capital transaction is the most fully integrated RWA structure Datavault AI has executed to date," Nathaniel T. Bradley, CEO of Datavault AI, said. "We are taking a direct equity position in the miner, locking in 20,000 ounces of physical bullion at a meaningful discount to spot, and giving GoldVault™ token holders a royalty stream tied to actual production."
The agreement, still subject to a definitive contract, outlines three core components. Datavault AI will receive a 5% equity interest in King Mining Capital, with a warrant for an additional 5%. It also secures the right to buy 20,000 ounces of gold for delivery within 24 months, payable in DVLT stock at a 30% discount to prevailing gold prices. The GoldVault™ tokens will track the COMEX benchmark and include a royalty from King Mining's output.
The deal positions Datavault AI to capitalize on the growing market for tokenized real-world assets (RWA) by linking digital tokens directly to physical production and mineral reserves. The GoldVault™ program is scheduled to launch by the third quarter of fiscal 2026, offering investors discounted exposure to gold with a built-in yield from mining royalties.
A Multi-Faceted Financial Structure
The transaction is structured to align the interests of Datavault, King Mining, and future token holders. The stock-funded bullion purchase, which Datavault projects could generate approximately $40 million in profit based on internal analysis, provides the company with direct balance-sheet exposure to the precious metal.
"Partnering with Datavault AI is a game-changer for King Mining Capital," Jeffrey Katz, Managing Principal of King Mining Capital, said. "It validates our high-quality gold assets, provides immediate access to global digital capital markets, and creates exciting new liquidity and upside for our stakeholders."
Gold Joins Expanding RWA Portfolio
This initiative is the latest in a series of commodity tokenization deals for Datavault AI, which is building a diversified portfolio of tokenized natural resources. It follows the company’s recent announcements of a $100 million Coppercoin™ program with Coppercore Inc. and a $78.2 million initiative with American Strategic Minerals for antimony, gold, copper, and silver.
The move comes as gold prices continue a structural bull market, with analysts at J.P. Morgan Global Research forecasting prices could reach $4,900 to $5,500 per ounce by the end of 2026. This demand is driven by aggressive accumulation from central banks and investor demand amid economic uncertainty, according to the World Gold Council.
This article is for informational purposes only and does not constitute investment advice.