Datavault (DVLT) AI announced the signing of a letter of intent, LOI, to acquire NYIAX. The transaction, subject to Nasdaq approval and entering into a definitive agreement with customary closing conditions, will bring NYIAX’s blockchain-powered exchange, patent portfolio, marketing-as-a-service agency, and advertising business unit under the Datavault AI umbrella. This strategic acquisition will build on Datavault AI’s prior licensing agreement with NYIAX for the Company’s patented ADIO ultrasonic technology, now bringing NYIAX fully into the Datavault AI ecosystem. The integration enhances Datavault AI’s patented Information Data Exchange by adding transparent, automated trading capabilities across asset classes.
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