Datavault AI Inc. has signed a letter of intent to acquire NYIAX Inc., a technology and services company with operations spanning the United States, Europe, and Dubai. The proposed acquisition, which requires Nasdaq approval and execution of a definitive agreement, would integrate NYIAX's blockchain-powered exchange, patent portfolio, marketing-as-a-service agency, and advertising unit into Datavault AI's expanding ecosystem. This transaction builds upon an existing licensing partnership between the two companies for Datavault AI's ADIO ultrasonic technology.
The integration will enhance Datavault AI's patented Information Data Exchange platform by adding transparent, automated trading capabilities. The combination represents a strategic move to strengthen the company's position in data valuation and monetization technologies across multiple industries. Datavault AI plans to launch several specialized exchanges over the next two quarters, including the International Elements Exchange, International NIL Exchange, and American Political Exchange. These platforms will leverage the combined technologies to create new marketplaces for data and digital assets.
CEO Nathaniel Bradley stated that the acquisition positions Datavault AI to redefine data monetization across industries, while NYIAX CEO Teri Gallo described the merger as a new era that unites financial-market precision with next-generation, privacy-first technologies. The acquisition aligns with Datavault AI's focus on Web 3.0 technologies and high-performance computing solutions. The company's cloud-based platform serves multiple industries including sports and entertainment, biotech, education, fintech, real estate, healthcare, and energy.
The Information Data Exchange platform enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. For more information about Datavault AI, visit https://www.datavaultsite.com. Additional news and updates relating to DVLT are available in the company's newsroom at https://ibn.fm/DVLT.
