Datavault AI Inc. (NASDAQ: DVLT) and Kove IO Inc. have announced a partnership to develop a secure, tokenized data vending platform, set to debut at IBM Think 2025 in Boston. This platform combines Datavault's Data Vault® technology with Kove:SDM™ software-defined memory, aiming to provide enterprises with a compliant and real-time method to monetize underutilized data assets. The initiative targets critical sectors such as finance, biotech, and defense, offering a secure mechanism for data exchange.
The platform's integration with encrypted smart contracts and major data platforms like Snowflake and Databricks positions it as a key player in the $700 billion data monetization market. By leveraging Datavault AI's expertise in Web 3.0 technologies and high-performance computing, the solution aims to transform dormant data into tradable assets, ensuring security and compliance.
This collaboration marks a significant step forward in data management, enabling organizations to unlock additional value from their existing data infrastructure. The secure, tokenized approach to data vending introduced by Datavault AI and Kove IO is poised to lead the way in the evolving landscape of data monetization.
