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 will develop 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 company said 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. The announcement underscores the growing intersection of artificial intelligence and blockchain technology in creating digital financial instruments.
Datavault AI 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.
The stablecoin market has seen increasing interest from traditional financial institutions and technology companies seeking to provide more efficient payment systems. By backing MUSD 1:1 with U.S. dollars, the venture aims to offer stability and trust while leveraging Datavault AI's technology for compliance and transparency. The partnership with entities carrying the Mandela name aims to associate the project with the values of equality and access championed by the former South African president.
For more information, see the full press release at https://ibn.fm/J7YHe. More details about Datavault AI are available at https://dvlt.ai.
