Datavault AI Inc. (NASDAQ: DVLT) has announced the formation of a joint venture to launch the Mandela Dollar (MUSD), a stablecoin fully backed by the U.S. dollar on a 1:1 basis. The initiative, established through a three-party agreement with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C., creates Mandela Digital, the entity responsible for developing and deploying the digital currency. The stablecoin is designed to promote financial inclusion in underserved markets, leveraging blockchain technology to provide access to digital financial services.
Under the terms of the agreement, Datavault AI will serve as Mandela Digital's founding and exclusive technology partner. The company will provide its AI-powered data monetization, tokenization, and compliance platforms to support the issuance, redemption, proof-of-reserve transparency, and regulatory infrastructure of the MUSD. This partnership formalizes a collaboration first announced in February 2026, which aims to combine advanced digital financial infrastructure with the legacy of Nelson Mandela. Datavault AI's role extends beyond the initial launch, with recurring technology responsibilities tied to the ongoing operations of the MUSD. The deployment is positioned as a reference platform for future digital currency and real-world asset tokenization opportunities.
Datavault AI is a leader in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The company's cloud-based platform offers comprehensive solutions across its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features patented technologies including WiSA, ADIO, and Sumerian, which provide spatial and multichannel wireless high-definition sound transmission. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization. The company's platform serves multiple industries, including sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity.
For more information about Datavault AI, visit https://dvlt.ai. The latest news and updates relating to DVLT are available in the company's newsroom at https://ibn.fm/DVLT.
