Datavault AI (NASDAQ: DVLT) announced on Wednesday that it has entered into a three-party joint venture agreement with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C. to form Mandela Digital, a venture that will develop the proposed Mandela Dollar (“MUSD”), a stablecoin fully backed 1:1 by the U.S. dollar. The initiative is designed to expand financial inclusion across underserved markets, according to the company.
Under the terms of 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 pairs advanced digital financial infrastructure with the legacy of Nelson Mandela.
Datavault AI said its role extends beyond the initial launch, with recurring technology responsibilities tied to MUSD operations. The company also positions the deployment as a reference platform for future digital currency and real-world asset tokenization opportunities. The full press release is available at https://ibn.fm/J7YHe.
The announcement underscores the growing intersection of artificial intelligence and blockchain-based financial services. By leveraging Datavault AI’s technology, Mandela Digital aims to provide a transparent and compliant stablecoin infrastructure that could serve as a model for similar projects. The stablecoin market has seen increased regulatory scrutiny, and the emphasis on proof-of-reserve transparency may help address concerns about reserve backing.
Datavault AI, headquartered in Philadelphia, PA, describes itself as a leader in AI-driven data experiences, valuation and monetization of assets in the Web 3.0 environment. Its cloud-based platform provides solutions across Acoustic Sciences and Data Sciences divisions. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company’s technology serves multiple industries including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy.
The Information Data Exchange enables Digital Twins and the licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata. Datavault AI’s technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring.
Forward-looking statements in the announcement are subject to risks and uncertainties as detailed in the company's filings with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
