Datavault AI Inc. (NASDAQ: DVLT) announced the formation of Mandela Digital, a joint venture with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C., to develop the proposed Mandela Dollar (“MUSD”), a 1:1 U.S. dollar-backed stablecoin. The initiative targets financial inclusion across underserved markets by providing a digital currency backed by fiat reserves. Under the agreement, Datavault AI will serve as the founding and exclusive technology partner, supplying 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 a concept first announced in February 2026, pairing advanced digital financial infrastructure with the legacy of Nelson Mandela. Datavault AI's role extends beyond the initial launch, with recurring technology responsibilities tied to MUSD operations. The company positions this deployment as a reference platform for future digital currency and real-world asset tokenization opportunities. According to the press release, the venture aims to leverage Datavault AI’s expertise in AI-driven data experiences, valuation and monetization of assets in the Web 3.0 environment.
Datavault AI (NASDAQ: DVLT) is known for its cloud-based platform that offers solutions across Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features patented technologies including WiSA, ADIO and Sumerian, focusing on spatial and multichannel wireless high-definition sound transmission. The Data Science division harnesses Web 3.0 and high-performance computing for data perception, valuation and secure monetization. The company’s platform serves industries such as sports, entertainment, biotech, education, fintech, real estate, healthcare and energy.
The Information Data Exchange enables Digital Twins and the licensing of name, image and likeness by attaching physical objects to immutable metadata. The technology suite includes AI and machine-learning automation, third-party integration, analytics, marketing automation and advertising monitoring. Datavault AI is headquartered in Philadelphia, PA. For more information, visit https://dvlt.ai.
This announcement underscores the growing trend of leveraging blockchain and AI for financial inclusion. The stablecoin, if successfully launched, could provide a regulated digital currency option for unbanked populations. Investors can follow the latest news and updates relating to DVLT at https://ibn.fm/DVLT.
