06:55 AM EDT, 03/26/2026 (MT Newswires) -- Datavault AI ( DVLT ) said Thursday it has partnered with American Strategic Minerals to develop and monetize one of the latter's resource extraction projects in Arizona through a $78.2 million digital tokenization initiative.

Under the agreement, American Strategic will receive up to $68.8 million, while Datavault AI ( DVLT ) may earn up to a 20% equity stake in the company upon meeting performance milestones under the tokenization program.

Datavault AI ( DVLT ) said antimony will be the first element tokenized, followed by gold, copper and silver. The initial phase will cover about 5% of the project's antimony resource through the ASMI Antimony 1 Token.

The partnership sets the stage for the launch of an International Elements Exchange, the company added.

Datavault AI ( DVLT ) shares were up more than 8% in Thursday pre-bell activity.