Datavault AI Inc. (NASDAQ: DVLT) announced it has signed a three-party joint venture agreement with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C., forming Mandela Digital. The venture is developing the proposed Mandela Dollar (“MUSD”), a 1:1 U.S. dollar-backed stablecoin focused on expanding financial inclusion across underserved markets. Under the agreement, Datavault AI will serve as Mandela Digital’s founding and exclusive technology partner, providing its AI-powered data monetization, tokenization and compliance platforms to support MUSD issuance, redemption, proof-of-reserve transparency and regulatory infrastructure.
The joint venture formalizes an initiative first announced in February 2026 and is designed to pair advanced digital financial infrastructure with the legacy of Nelson Mandela. Datavault AI said its role extends beyond launch, with recurring technology responsibilities tied to MUSD operations, while positioning the deployment as a reference platform for future digital currency and real-world asset tokenization opportunities. For more details, visit the full press release at https://ibn.fm/J7YHe.
Datavault AI (NASDAQ: DVLT) is leading the way in AI-driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at https://dvlt.ai.
This announcement is significant as it marks the entry of a publicly traded AI company into the stablecoin space, leveraging blockchain technology for financial inclusion. The success of the Mandela Dollar could establish a new paradigm for how AI and data monetization platforms support digital currencies, potentially influencing regulatory frameworks and cross-border transactions in underserved regions.
