Datavault AI Secures $2 Billion Financing Agreement

Datavault AI, a Nasdaq-listed digital asset treasury company, has announced a non-binding financing agreement to raise $2 billion through a structured financing plan. According to ChainCatcher, the funding will be completed in four phases, with the counterparty purchasing newly issued shares of Datavault AI at prices ranging from $1.55 to $2 per share. The financing will be backed by the company's digital asset exchange and RWA tokenization business. The new funds are intended for expanding the SanQtum GPU edge computing network, platform development, and repaying existing debt.