Datavault AI signs LOI for 19.9% stake in DataMEDS AI

Philadelphia-based Datavault AI, which provides AI platforms for data monetization, credentialing and real-world asset tokenization, signed a non-binding LOI to receive a 19.9% fully diluted equity stake in DataMEDS AI in exchange for expanding their existing technology license. Datavault keeps ownership of the underlying IP; the deal is subject to due diligence and a definitive agreement.