Close Menu
Mena Insights
    Business

    CNTXT Partners with AI71 at GITEX Global 2024 to Enhance UAE’s AI Data Landscape

    Dubai – 22 OCT 2024 – CNTXT, a leading AI readiness and data solutions company,…

    Business

    Egypt’s iSUPPLY lands $3 million Sharia-compliant investment

    Bokra, the MENA region’s first goal-driven digital investment platform, has announced a $3 million Sharia-compliant…

    Business

    WaHa secures $8mln in Series A-1 funding to accelerate global growth

    Fremont, CA/Abu Dhabi, United Arab Emirates: Water Harvesting Inc. (WaHa) announced the close of an $8…

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Breaking News:
    • GFH Partners Acquires Majority Stake in Devmark
    • Celebrate the New Year by the Sea at S?N Beach
    • Laboratoires Novexpert: Where Safety Meets Effectiveness in Skincare
    • LG GROWS MIDDLE EAST B2G BUSINESS WITH NEW AGREEMENT WITH EXPO CITY DUBAI
    • Algorithm and Batterjee Pharma Sign Strategic Partnership Agreement to Localize Key Pharmaceuticals in KSA
    • HBMSU Strengthens Global Research Leadership Through ICDE Global Doctoral Consortium at ICDE World Conference 2025
    • Dubai International Chamber spotlights key trends and opportunities in construction sector on the sidelines of ‘Big 5 Global’ exhibition
    • BMC Helix a Leader in 2025 Enterprise Service Management Report by Independent Research Firm
    Tuesday, November 25
    Facebook X (Twitter) Instagram
    Mena Insights
    • Home
    • News

      Naseej joins GITEX Dubai 2025

      Hamdan Foundation launches judging process for “Innovators 2025” amid record participation

      AUS and ADPIC sign MoU empowering students to tackle real-world infrastructure challenges

      Legends Charity Game in Lisbon to raise millions for charity

      Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

    • Business

      GFH Partners Acquires Majority Stake in Devmark

      Celebrate the New Year by the Sea at S?N Beach

      Laboratoires Novexpert: Where Safety Meets Effectiveness in Skincare

      LG GROWS MIDDLE EAST B2G BUSINESS WITH NEW AGREEMENT WITH EXPO CITY DUBAI

      Algorithm and Batterjee Pharma Sign Strategic Partnership Agreement to Localize Key Pharmaceuticals in KSA

    • Tourism

      Etihad reports June 2025 traffic statistics

      Saudi Red Sea Authority Issues Maritime Tourism Agent License to Support Coastal Tourism Activities

      Sojern joins forces with PubMatic to expand Travel Audience Data Curation

      Summer Splash Fest is BACK at LEGOLAND® Water Park 

      Jubail Island celebrates Spinneys grand opening,

    • Technology

      FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

      Careem Food launches ‘Dirhams for Delays’ in Abu Dhabi and Al Ain

      Ministry of Transportation and Telecommunications and stc Bahrain sign a landmark agreement to launch the Kingdom’s first digital bus station

      Marketing Academy to Debut at SBC Summit 2025 with Gary Vaynerchuk AMA

      Player Protection in the Spotlight at SBC Summit 2025

    • Submit A Press Release
    Mena Insights
    Home » Datavault AI Turns Raw Earth into Digital Power in $7 Million Deal with MTB Mining Ltd.
    Datavault AI Turns Raw Earth into Digital Power in $7 Million Deal with MTB Mining Ltd. - datavault turns
    Business

    Datavault AI Turns Raw Earth into Digital Power in $7 Million Deal with MTB Mining Ltd.

    Share
    Facebook Twitter Pinterest WhatsApp

    Datavault AI (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement, and real?world asset digitization technologies, today announced a $7 million minting deal and a 30% perpetual royalty partnership with Tanzania-based MTB Mining Limited (MTB), setting the stage for what Datavault AI believes is the first major step forward in modernizing how mineral resources are verified, documented, and brought into global commerce with a unified transaction ledger. The deal redefines a commodity by digitizing Real World Assets (RWA) for monetization. Under Datavault AI’s patented Sumerian® technology, rare earth minerals are being transformed into verified, traceable, digitized assets to be traded on the forthcoming International Elements Exchange™.

    This agreement with MTB delivers a blueprint for how physical assets evolve into digital assets.

    Africa Steps into the Global Ledger

    For generations, Africa supplied the raw materials that were integral in building modern industry. Today, MTB, headquartered in Tanzania, controls over 25 million metric tons of copper reserves and 2.44 square kilometers of proven mineral reserves. Through its alliance with Datavault AI, MTB’s resources are entering the global marketplace in digital form. Each unit of copper, gold, tin, or diamond will carry verified proof of origin, ownership, and value.

    The partnership includes the Windsor Ruby, a gemstone that drew global attention when it was discovered near the village of Winza in 2007. Renowned for its deep crimson hue and near-perfect clarity, it rivaled the finest Burmese rubies and quickly drew attention from major luxury houses including Van Cleef & Arpels. Through Datavault AI’s Sumerian® Anchors, the Windsor Ruby will carry a permanent digital signature that is immutable and verifiable. Not only can Sumerian® Anchors provide verification for famous gemstones like the Windsor Ruby, the verification technology can be applied to any precious gemstone.

    For Tanzania, where mining represents a vast amount of export value, digitally verifiable asset records represent more than a technological milestone; it is economic modernization. It opens the door for lending, collateralization, and cross-border trade using verified digital assets.

    The Proof Economy Arrives

    “This deal is a milestone for technology and transparency

    By minting real world assets, we are creating compliant, transparent pathways to monetize natural wealth on a global scale,” said Nathaniel Bradley, Datavault AI Chief Executive Officer and co-founder.

    Bradley’s message reflects Datavault AI’s broader mission: the Company is building the infrastructure for a data-driven economy where value is established by verification and trusted information.

    While the numbers are compelling – a $7 million license fee – the innovative digital architecture provides the promise for future, similar transactions. The International Elements Exchange will operate as a virtual refinery, turning physical assets into digital evidence that can be traded, audited, and monetized.

    Share. Facebook Twitter Pinterest WhatsApp

    Related Posts

    Business

    GFH Partners Acquires Majority Stake in Devmark

    Business

    Celebrate the New Year by the Sea at S?N Beach

    Business

    Laboratoires Novexpert: Where Safety Meets Effectiveness in Skincare

    Business

    LG GROWS MIDDLE EAST B2G BUSINESS WITH NEW AGREEMENT WITH EXPO CITY DUBAI

    Business

    Algorithm and Batterjee Pharma Sign Strategic Partnership Agreement to Localize Key Pharmaceuticals in KSA

    Business

    HBMSU Strengthens Global Research Leadership Through ICDE Global Doctoral Consortium at ICDE World Conference 2025

    Business

    Dubai International Chamber spotlights key trends and opportunities in construction sector on the sidelines of ‘Big 5 Global’ exhibition

    Business

    BMC Helix a Leader in 2025 Enterprise Service Management Report by Independent Research Firm

    We're Social
    • Facebook
    • Twitter
    Editors Picks
    Business

    WaHa secures $8mln in Series A-1 funding to accelerate global growth

    Business

    Italian Luxury Meets Exclusive Savings: Natuzzi Italia Joins Dubai’s Super Sale

    Business

    NMDC Dredging & Marine to begin EPC activities for the TA’ZIZ master development

    Business

    Goods Worth $32Bn Released From Egyptian Ports In 5 Months: Finance Minister

    Top Post
    Business

    GOOD EARTH CELEBRATES THE ART OF GIFTING THIS FESTIVE SEASON: A CELEBRATION OF HERITAGE, CRAFT, AND BEAUTY IN EVERY DETAIL

    Good Earth Chahar Bagh announces its festive gifting edit, inviting the region to rediscover gifting as an expression of meaning, artistry, and cultural storytelling. Rooted in Good Earth’s philosophy of sustainable luxury and inspired by centuries of craft and heritage, the seasonal assortment brings warmth, beauty, and narrative into homes across the UAE. This year, […] The post GOOD EARTH CELEBRATES THE ART OF GIFTING THIS FESTIVE SEASON: A CELEBRATION OF HERITAGE, CRAFT, AND BEAUTY IN EVERY DETAIL appeared first on Web-Release.

    Business

    CyberSec Announces Exciting Expansion into the Middle East, Bridging the Cybersecurity Talent Gap

    CyberSec, a pioneering cybersecurity consultancy, is thrilled to announce its expansion into the Middle East,…

    Tourism

    Unlock The Ultimate In Luxury And Leisure With Banyan Tree Dubai’s Exclusive Pool And Beach Memberships

    In the heart of one of the world’s most glamorous cities, Banyan Tree Dubai stands…

    Business

    Dubai Press Club hosts Successful Immersive Audio Workflow for Broadcast Workshop

    DUBAI, UAE: A groundbreaking workshop on immersive audio workflow for broadcasting concluded at the esteemed Government…

    Business

    du set to power world’s largest autonomous racing league with dedicated 5G+ Private Mobile Network

    Dubai, UAE: du, the leading telecom and digital services provider, today announced du Infra’s inaugural sponsorship…

    Embark on a journey of enlightenment with Mena Insights, your beacon of knowledge and understanding in the MENA region. Discover the latest news, gain valuable insights, and explore diverse perspectives that shape our dynamic world.

    Facebook X (Twitter)
    Our Picks
    Business

    Emirates rolls out Starlink Wi-Fi and new seats in major cabin refresh

    Business

    New Bain & Company Analysis Reveals Zero-Based Cost Management Can Cut Costs by Up to 25% and Boost Shareholder Returns by 150%

    Business

    Next-generation Invest in Dubai platform unveiled at GITEX GLOBAL 2025

    Top Reviews
    Business

    Sofitel Dubai Downtown Unveils La Haute Croissanterie: An Elevated Artisanal Pastry

    Business

    IBM announces plans with AWS to fuel innovation and cloud adoption across the Middle East

    Technology

    Light Up Your Worth: The Empowering Journey to Unlocking Your Highest Potential by Lala O. Roch”

    © 2025 Mena Insights.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.