Datavault AI has announced plans to launch a $150 million-plus gold tokenization program in partnership with King Mining Capital.
The proposed GoldVault program would combine a direct equity stake in the mining firm, the purchase of 20,000 ounces of physical gold, and the issuance of digital tokens backed by those assets.
According to the announcement, the bullion is expected to be delivered over a 24-month period, while the tokenization platform is targeted for launch in the third quarter of 2026.
Hybrid structure links tokens to production and royalties
The planned structure goes beyond standard asset-backed tokens.
Each token would represent a share of both in-ground and refined gold, with pricing tied to benchmark gold markets. In addition to price exposure, token holders are expected to receive a royalty stream linked to ongoing production from King Mining Capital’s assets.
The company also stated that tokens may be issued at a discount to prevailing gold prices. However, final terms remain subject to a definitive agreement.
Execution remains uncertain
Despite the scale of the proposal, key elements of the transaction are not yet finalized.
The agreement remains subject to further documentation, and several components—including the equity investment, bullion acquisition, and token issuance—are described as planned or anticipated rather than completed.
Forward-looking projections, including estimates of potential profits and future gold prices, also depend on market conditions and delivery timelines.
Gold joins expanding RWA tokenization trend
The proposal comes as tokenization efforts continue to expand beyond traditional financial assets.
While early RWA growth has focused on stablecoins and tokenized treasuries, new initiatives are increasingly targeting commodities, including precious metals.
Data shows the total RWA market has grown to over $370 billion, with stablecoins accounting for the majority of that value. Tokenized asset categories, such as commodities and other real-world instruments, remain a smaller but developing segment.
Final Summary
- Datavault AI has outlined a $150M gold tokenization plan, combining equity, physical bullion, and digital tokens, though the project remains forward-looking.
- The move highlights expanding interest in tokenizing real-world assets like commodities, even as the segment remains small relative to the broader RWA market.