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NEW YORK - Datavault AI Inc. (Nasdaq:DVLT), a technology company with a market capitalization of $680 million whose stock has surged 117% over the past six months, announced Monday the formation of two new data unions focused on the insurance and accounting sectors, according to a company press release. InvestingPro data shows the company’s shares are currently trading at $3.66, near their 52-week high.
The Insurance Data Union will partner with the Independent Insurance Agents & Brokers of America (Big "I") and independent agents nationwide, while the Accounting Data Union will collaborate with top private accounting firms from each U.S. state to develop a private equity index.
Both initiatives aim to tokenize anonymized industry data, enabling participants to monetize their information through Datavault AI’s patented technologies and Information Data Exchange platform.
The data unions will allow independent insurance agents, brokers, and accounting firms to establish digital wallets and convert their data into currency through tokenization. Participants will receive cash payments for qualified data assets that meet quality standards.
"Our data unions empower independent professionals to monetize their data ethically and efficiently under their independent brand, but with the strength and data relevance of the larger unions we are creating," said Nathaniel Bradley, Datavault AI CEO, in the statement.
The company cited the global insurance market, projected at $8 trillion in 2025, and the global accounting services market, estimated at $650 billion, as representing significant opportunities for data monetization. While Datavault AI’s current revenue stands at $4.44 million, InvestingPro analysts forecast sales growth of 424% for the current fiscal year. Get access to 12+ additional ProTips and comprehensive financial analysis through InvestingPro’s detailed research reports.
Datavault AI’s approach relies on several patents, including U.S. Patent No. 12,198,201 for "Platform and Method for Preparing a Tax Return" and U.S. Patent No. 11,315,150 for "Portfolio Driven Targeted Advertising Network, System, and Method."
The company expects to generate recurring revenue through tokenized data sales, targeted analytics, and smart contract-based transactions from these initiatives. According to InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value, despite showing strong momentum with positive returns over the last three months. Discover detailed valuation metrics and 1,400+ comprehensive Pro Research Reports available for leading US stocks.
In other recent news, Datavault AI Inc. has been active with several strategic initiatives. The company announced a partnership with Max International AG to establish a Switzerland-based digital exchange for Real World Assets, leveraging Switzerland’s regulatory framework. This collaboration aims to tokenize physical assets, including commodities and name, image, and likeness rights. Additionally, Datavault AI has signed a letter of intent to acquire NYIAX Inc., a move that is expected to close in the first quarter of 2026, pending Nasdaq approval. This acquisition would expand Datavault AI’s capabilities by integrating NYIAX’s blockchain-powered exchange and advertising business.
In another development, Datavault AI has appointed former Navy SEAL Pete Scobell as Vice President of Global Security to oversee its global security operations. Meanwhile, Datavault AI has partnered with Wellgistics Health, Inc. to develop blockchain-enabled smart contracts for the prescription drug industry. The companies are working on a system called PharmacyChain, with a profit-sharing license agreement expected by the fourth quarter of 2025.
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