Datavault AI (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 is developing 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 highlights the growing intersection of artificial intelligence and blockchain technology in creating digital financial instruments that can reach unbanked and underbanked populations.
The Mandela Dollar aims to provide a stable digital currency backed by U.S. dollar reserves, potentially offering a reliable medium of exchange in regions where local currencies may be volatile. By leveraging Datavault AI’s technology, the joint venture seeks to ensure transparency through proof-of-reserve mechanisms and compliance with regulatory standards. This could help build trust among users and regulators alike.
For more details, the full press release is available at https://ibn.fm/J7YHe.
Datavault AI (NASDAQ: DVLT) 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.
This joint venture represents a significant step in applying advanced data and AI technologies to the financial sector, potentially setting a precedent for future digital currency initiatives. The partnership underscores the importance of robust technology infrastructure in the emerging stablecoin market, particularly for projects targeting financial inclusion.
