todayonchain.com

Datavault AI signs agreement to acquire NYIAX for blockchain trading

Crypto Briefing
Datavault AI will acquire NYIAX to expand its institutional trading venues for tokenized real-world assets using blockchain technology.

Summary

Datavault AI announced a definitive agreement to acquire NYIAX, aiming to bolster its presence in institutional trading of data and tokenized real-world assets. The deal, evolving from a letter of intent in October 2025, will integrate NYIAX’s blockchain-based exchange technology with Datavault AI’s existing tools like Information Data Exchange and DataScore. This combination is intended to bring institutional market structure to areas like advertising and proprietary data, currently reliant on bilateral deals. The all-stock merger values NYIAX at approximately $60 million based on Datavault AI’s current share price. The combined platform will support multiple marketplaces, including those for information data, commodities, political assets, and advertising, as well as a planned sports exchange with Sports Illustrated. NYIAX, built on Nasdaq technology, focuses on standardized and transparent advertising contracts. Datavault AI shares experienced a 14% decrease following the announcement, with a market capitalization of around $462 million.

(Source:Crypto Briefing)