Datavault AI Forms Joint Venture to Launch USD-Backed Stablecoin Mandela Dollar

July 10th, 2026 5:57 PM
By: Newsworthy Staff

Datavault AI partners with Unity Reserve Holdings and Mandela Dlamini & Manaway to form Mandela Digital, which will issue the MUSD stablecoin aimed at financial inclusion in underserved markets.

Datavault AI Forms Joint Venture to Launch USD-Backed Stablecoin Mandela Dollar

Datavault AI (NASDAQ: DVLT) has announced the formation of a three-party joint venture with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C., creating Mandela Digital. The venture will develop the proposed Mandela Dollar (“MUSD”), a stablecoin backed 1:1 by the U.S. dollar, with a focus 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 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 full press release is available at https://ibn.fm/J7YHe.

Datavault AI is headquartered in Philadelphia, PA, and 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 Acoustic Sciences division features WiSA(R), ADIO(R) and Sumerian(R) patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization and multi-channel interference cancellation. 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.

Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange(R) enables Digital Twins and the licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. The company’s technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. More information about Datavault AI is available at https://dvlt.ai.

This joint venture marks a significant step in bridging traditional finance with blockchain technology, leveraging AI to ensure compliance and transparency. The Mandela Dollar stablecoin aims to provide a stable digital currency for populations with limited access to banking services, potentially reducing transaction costs and increasing economic participation. The technology partnership with Datavault AI suggests a focus on integrating advanced data analytics and security measures to maintain the stablecoin's integrity and regulatory compliance.

Forward-looking statements in this announcement involve risks and uncertainties, as detailed in Datavault AI's filings with the SEC. The company undertakes no duty to update this information unless required by law. The original release can be viewed on www.newmediawire.com.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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