Datavault AI Stock Rises on $100M Tokenization Deal with QEST
Datavault AI (DVLT) stock saw a 3.38% increase in value after the company announced a significant $100M tokenization deal with QEST.
The agreement launches new platforms for Information Data Exchange, NILvault, and APEX, which will expand Datavault AI's tokenization infrastructure into various asset categories.
As part of the deal, IDE (Information Data Exchange) will support $QEST tokens tied to Project Qestrel's edge-computing network. Meanwhile, NILvault has expanded Datavault AI's tokenization model into sports and likeness rights.
The company also plans to list $QEST utility tokens among the first computing assets available through IDE, providing access and usage rights linked to Project Qestrel's network.