Kuala lumpur: Datavault AI Inc. (NASDAQ: DVLT), a provider of data monetization and tokenization technologies, has announced a Tokenization Service Agreement with Triton Geothermal LLC, headquartered in Houston, Texas. Triton is recognized as a full cycle baseload geothermal energy company capable of providing 24/7 reliable electricity.
According to BERNAMA News Agency, the agreement stipulates that Datavault AI will receive up to $8,000,000 in tokenization fees in relation to a digital token offering with an estimated gross value of $125,000,000. Additionally, Datavault AI will have a continuing participation of five percent of all digital token transaction fees collected by Triton after the offering. This agreement marks a significant commercial opportunity for Datavault AI’s real-world asset tokenization business and aligns with the company’s strategic aim to boost recurring revenue within regulated digital asset markets.