Datavault AI Inc. (NASDAQ: DVLT) has announced a three-party joint venture agreement to develop and launch the Mandela Dollar (MUSD), a stablecoin fully backed by the U.S. dollar on a 1:1 basis. The initiative, formalized through the creation of Mandela Digital, aims to promote financial inclusion in underserved markets by leveraging advanced digital financial infrastructure.
Under the agreement, Datavault AI will serve as the founding and exclusive technology partner for Mandela Digital. The company will provide its AI-powered data monetization, tokenization, and compliance platforms to support the issuance, redemption, and proof-of-reserve transparency of MUSD. The joint venture includes Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C., formalizing an initiative first announced in February 2026.
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. The joint venture is named in honor of Nelson Mandela, pairing his legacy with cutting-edge digital financial systems.
“This partnership underscores our commitment to leveraging AI and blockchain technology to drive financial inclusion,” a spokesperson for Datavault AI said. The stablecoin aims to provide a stable, transparent, and accessible digital currency for populations that lack access to traditional banking services.
Datavault AI is known for its AI-driven data experiences and asset monetization in the Web 3.0 environment. Its cloud-based platform offers solutions across Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features patented technologies including WiSA, ADIO, and Sumerian for spatial audio, while the Data Science division focuses on data perception, valuation, and secure monetization using high-performance computing. The company’s platform serves industries such as sports, entertainment, biotech, education, fintech, real estate, healthcare, and energy.
The announcement highlights the growing intersection of AI and digital currencies, with stablecoins gaining traction as tools for financial inclusion. By integrating AI-powered compliance and transparency, Datavault AI aims to address key challenges in stablecoin adoption, including regulatory oversight and trust.
For more information about Datavault AI, visit https://dvlt.ai. The full press release is available at https://ibn.fm/J7YHe.
