The NASDAQ-listed firm will integrate AI and blockchain to digitize critical mineral assets under a proposed $700 million initiative.
Datavault AI Inc. (NASDAQ:DVLT) has proposed a partnership with Patriot Strategic Metals LLC to build a digital platform for financing, tokenizing, and managing strategic mineral assets. The Phase I program could reach $700 million, with $62 million allocated for technology integration and platform development.
The platform will combine Patriot’s mining assets, refining operations, and supply chain capabilities with Datavault AI’s tokenization and blockchain settlement systems. If finalized, Datavault AI would secure a 25% share of net distributable profits from the platform.
Patriot Strategic Metals also outlined a $20 billion revolving procurement facility, though the figure remains indicative and subject to final agreements.