✎ Contributed by Ty Griffin
Datavault AI (NASDAQ: DVLT) issued a corrected press release providing additional clarity on its Mandela Dollar (MUSD) initiative, a proposed USD-pegged stablecoin being developed with Mandela Dlamini & Manaway L.L.C. and Unity Reserve Holdings L.L.C. to support financial inclusion through low-cost remittances, micro-lending, savings, and digital payments in underserved regions. Datavault AI will serve as the primary technology partner, delivering AI-powered tokenization, blockchain infrastructure, and secure data systems to support issuance, compliance, and transparency, while emphasizing that MUSD is not yet live and warning against unauthorized tokens, with planned features including a 1:1 dollar peg, proof-of-reserves, ultra-low transaction fees, and integration with digital wallets and decentralized finance platforms as part of a phased global rollout.
To view the full press release, visit https://ibn.fm/2o7Zi
About Datavault AI
Datavault AI(TM) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company’s cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division includes WiSA(R), ADIO(R), and Sumerian(R) patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange(R) (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI’s customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.
NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer
The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
[email protected]