PHILADELPHIA, Nov 18 (Bernama-GLOBE NEWSWIRE) — via IBN – Datavault AI Inc. (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement, and real‑world asset (RWA) tokenization technologies, announces that it has entered into a Tokenization Service Agreement with Triton Geothermal LLC (“Triton”), headquartered in Houston, Texas, the energy capital of the world. Triton is a full cycle baseload geothermal energy company that can provide reliable electricity 24/7.
Under the terms of the agreement, Datavault AI will receive up to $8,000,000 in tokenization fees associated with an anticipated digital token offering with a projected gross value of approximately $125,000,000. The agreement also provides for Datavault AI to receive continuing participation equal to five percent of all digital token transaction fees collected by Triton following the offering. This engagement represents a significant commercial opportunity for Datavault AI’s RWA tokenization business and supports the company’s strategic objective to expand recurring revenue within regulated digital asset markets.