Datavault AI Inks $7M Deal to Transform Tanzania's Mineral Reserves Into Tradeable Digital Assets

MarketDash Editorial Team
13 days ago
Datavault AI Inc. (DVLT) has signed a $7 million minting agreement with Tanzania's MTB Mining, creating a new model for converting physical mineral resources into verified digital assets with blockchain technology.

Datavault AI Inc. (DVLT) announced Monday that it's turning African mineral reserves into something the modern market can actually trade: verified digital assets. The company signed a $7 million minting agreement and 30% perpetual royalty partnership with Tanzania's MTB Mining Limited, marking a significant step in how commodities might be documented and monetized in the future.

From Ground to Blockchain

Here's the basic concept: rare earth minerals sitting in the ground get converted into verified, traceable digital assets. Instead of dealing with physical commodities in the traditional way, these digitized assets will eventually trade on the International Elements Exchange through Datavault's patented Sumerian technology. Think of it as giving mineral reserves a digital passport that proves origin, ownership, and value.

MTB Mining brings substantial resources to the table. The company controls over 25 million metric tons of copper reserves and 2.44 square kilometers of proven mineral deposits. Through this partnership with Datavault, those resources are being prepped for global markets in digital form. Each unit of copper, gold, tin, or diamond will carry blockchain-verified credentials.

The agreement even covers the Windsor Ruby, a gemstone discovered in Tanzania's Winza region in 2007 that's known for its deep crimson color and exceptional clarity. Apparently, even famous rubies are going digital.

The Bigger Picture

This partnership establishes a potential template for how physical assets might transform into digital ones. It's essentially modernizing the entire verification and documentation process for mineral resources, converting traditional commodities into something that fits the infrastructure of digital trading platforms.

Recent Financial Performance

Datavault's recent earnings show serious growth momentum. Last week, the company reported third-quarter 2025 revenue of $2.904 million, representing a 148% jump from the prior year and 67% growth sequentially. That's the kind of acceleration that gets attention.

The flip side? The company posted a GAAP net loss attributable to common stockholders of $32.976 million, or 33 cents per share. That's notably larger than the $7.345 million loss (or $1.39 per share) from the year-ago quarter. Growth often comes with growing pains, and Datavault appears to be spending aggressively to build out its platform.

DVLT shares closed down 5.49% at $2.410 on Monday following the announcement.

Datavault AI Inks $7M Deal to Transform Tanzania's Mineral Reserves Into Tradeable Digital Assets

MarketDash Editorial Team
13 days ago
Datavault AI Inc. (DVLT) has signed a $7 million minting agreement with Tanzania's MTB Mining, creating a new model for converting physical mineral resources into verified digital assets with blockchain technology.

Datavault AI Inc. (DVLT) announced Monday that it's turning African mineral reserves into something the modern market can actually trade: verified digital assets. The company signed a $7 million minting agreement and 30% perpetual royalty partnership with Tanzania's MTB Mining Limited, marking a significant step in how commodities might be documented and monetized in the future.

From Ground to Blockchain

Here's the basic concept: rare earth minerals sitting in the ground get converted into verified, traceable digital assets. Instead of dealing with physical commodities in the traditional way, these digitized assets will eventually trade on the International Elements Exchange through Datavault's patented Sumerian technology. Think of it as giving mineral reserves a digital passport that proves origin, ownership, and value.

MTB Mining brings substantial resources to the table. The company controls over 25 million metric tons of copper reserves and 2.44 square kilometers of proven mineral deposits. Through this partnership with Datavault, those resources are being prepped for global markets in digital form. Each unit of copper, gold, tin, or diamond will carry blockchain-verified credentials.

The agreement even covers the Windsor Ruby, a gemstone discovered in Tanzania's Winza region in 2007 that's known for its deep crimson color and exceptional clarity. Apparently, even famous rubies are going digital.

The Bigger Picture

This partnership establishes a potential template for how physical assets might transform into digital ones. It's essentially modernizing the entire verification and documentation process for mineral resources, converting traditional commodities into something that fits the infrastructure of digital trading platforms.

Recent Financial Performance

Datavault's recent earnings show serious growth momentum. Last week, the company reported third-quarter 2025 revenue of $2.904 million, representing a 148% jump from the prior year and 67% growth sequentially. That's the kind of acceleration that gets attention.

The flip side? The company posted a GAAP net loss attributable to common stockholders of $32.976 million, or 33 cents per share. That's notably larger than the $7.345 million loss (or $1.39 per share) from the year-ago quarter. Growth often comes with growing pains, and Datavault appears to be spending aggressively to build out its platform.

DVLT shares closed down 5.49% at $2.410 on Monday following the announcement.