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BEAVERTON, Ore. - DataVault AI Inc. (NASDAQ:DVLT), a technology company currently valued at $52 million, announced Monday it has acquired SyncIN technology from Turner Global Media, LLC, according to a company press release. According to InvestingPro analysis, the company currently shows weak financial health metrics, with several challenges ahead.
The acquired technology embeds inaudible tone mobile quick response codes in broadcasts that allow smartphones to connect consumers to content and enable stable coin transactions through Web 3.0 Crypto Anchors.
The system works by embedding imperceptible tones within TV, radio, and retail environment broadcasts that can be detected by smartphones, linking consumers to advertisements or triggering blockchain-verified transactions.
"SyncIN’s inaudible tones unlock a Web 3.0 economy with real-time stable coin transactions," said Nathaniel T. Bradley, CEO of DataVault AI, who stated the company is targeting 10 to 15 licensing deals in 2025.
The technology can be deployed across television and radio reaching over 90% of U.S. households, retail environments engaging 140 million weekly shoppers, and hospitality venues connecting with 140 million annual visitors, according to the announcement.
The acquisition includes intellectual property that complements DataVault’s recent patent allowances. The company reports it is targeting $40-50 million in revenue for 2026 based on anticipated licensing deals.
DataVault AI noted that the technology aligns with pending U.S. legislation including the Genius Act and Stable Coin Act, which the company claims positions it to capitalize on the growing stable coin market.
The Beaverton-based company describes itself as a provider of AI-driven blockchain and data monetization solutions with applications across multiple industries including sports, entertainment, biotech, and finance.
In other recent news, Datavault AI Inc. has announced the successful completion of its additional closing of senior secured convertible notes and warrants, securing an aggregate principal amount of $11.1 million. This follows an initial offering of $5.6 million, with the notes carrying a 10% original issue discount and maturing 18 months from issuance. Datavault AI has also entered a strategic licensing agreement with GFT Rewards to deploy ADIO®-enabled, Web 3 mobile rewards across various distribution channels. This partnership aims to enhance the mobile rewards landscape by offering instant incentives to consumers using inaudible tones for reward redemptions.
Additionally, Datavault AI has extended its asset purchase agreement deadline with CompuSystems, Inc. to May 23, 2025, marking the fourth amendment to the agreement. The company has also entered into lock-up agreements with NYIAX, Inc., following a share exchange deal, which restricts the availability of shares over periods ranging from one to four years. This strategic move aims to stabilize stock liquidity and reflects a long-term partnership commitment. Furthermore, Datavault AI is collaborating with the U.S. Department of Energy’s Brookhaven National Laboratory to develop a machine learning system for optimizing biofuel crops. These developments highlight Datavault AI’s ongoing strategic initiatives and financial activities.
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