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

Datavault AI (DVLT) announced a joint venture to develop the Mandela Dollar (MUSD), a 1:1 USD-backed stablecoin aimed at financial inclusion, with the company serving as exclusive technology partner.

SA Metrowire Staff
Business
Datavault AI Forms Joint Venture to Launch USD-Backed Stablecoin Mandela Dollar

Datavault AI (NASDAQ: DVLT) has signed a three-party joint venture agreement with Unity Reserve Holdings L.L.C. and Mandela Dlamini & Manaway L.L.C. to form Mandela Digital, a venture 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. For more details, view the full press release at https://ibn.fm/J7YHe.

Datavault AI 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, ADIO and Sumerian patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The platform serves industries including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange enables Digital Twins and licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata. Learn more at https://dvlt.ai.

This announcement underscores the growing intersection of AI and blockchain technology in financial services. By partnering with entities associated with Nelson Mandela's legacy, Datavault AI aims to deploy its technology for social impact, potentially setting a precedent for future digital currency initiatives. The stablecoin market continues to expand, and the involvement of a publicly traded AI company adds credibility and technological depth to the project. Investors and industry observers will watch how the MUSD stablecoin navigates regulatory landscapes and achieves adoption in underserved markets.

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