DATAVAULT AI SIGNS LETTER OF INTENT TO ACQUIRE NYIAX, EXPANDING PATENTED INFORMATION DATA EXCHANGE AND COMMERCIAL FOOTPRINT

BEAVERTON, Ore., Oct 14 (Bernama) -- via IBN -- Datavault AI Inc. (Nasdaq: DVLT), a pioneer in AI-driven data valuation, monetization, and acoustic technologies, today announced the signing of a letter of intent (LOI) to acquire NYIAX Inc., a technology and services company with operations in the U.S., Europe, and Dubai. The transaction, subject to Nasdaq approval and entering into a definitive agreement with customary closing conditions, will bring NYIAX’s blockchain-powered exchange, patent portfolio, marketing-as-a-service agency, and advertising business unit under the Datavault AI umbrella.

This strategic acquisition will build on Datavault AI’s prior licensing agreement with NYIAX for the Company’s patented ADIO® ultrasonic technology, now bringing NYIAX fully into the Datavault AI ecosystem. The integration enhances Datavault AI’s patented Information Data Exchange® (IDE) by adding transparent, automated trading capabilities across asset classes. Upcoming launches are expected to include the International Elements Exchange (IEE), International NIL Exchange, and American Political Exchange (APE), each set to debut over the next two quarters. These platforms will enable secure, real-time trading of data assets, NIL rights, and political information — all underpinned by AI analytics and blockchain security.