Datavault AI has signed an agreement to acquire NYIAX for blockchain trading

Datavault AI said Thursday it has signed a definitive agreement to acquire NYIAX, a move the company will make to leverage blockchain-based exchange technology for data and other real-world assets in a broader push into institutional trading spaces.

The announcement, dated October 13, 2025, will convert the letter of intent into a formal merger agreement, cementing the licensing agreements and technology alliance announced in March 2025.

The company said the NYIAX infrastructure will be integrated with Datavault AI's Information Data Exchange and DataScore, DataValue and Data Vault AI tools to support tokenization, valuation and trading of digital and real-world assets.

Datavault AI sees the deal as a way to bring institutional market structure to categories that have historically relied on bilateral deals, particularly advertising and proprietary data.

An 8K filing dated March 19 shows that the transaction is structured as a global merger. Datavault AI has agreed to issue 78,947,368 common shares of NYIAX stock at the closing, and certain non-accredited investors will receive cash tied to the stock's five-day VWAP in exchange.

Two NYIAX-nominated directors are set to join Datavat AI's board when the deal closes. Based on Datavault AI's most recent share price of $0.76, the underlying stock valuation implies a value of approximately $60 million, although this figure is an estimate and could move with the stock.

The Datavault AI combined platform is expected to support a number of targeted marketplaces, including master data exchanges, tokenized commodities and industrial assets global element exchanges, US political exchanges and the NYIAX ad market.

The company completed the acquisition on January 28 with Sports Illustrated to explore sports-focused athlete name, image and likeness rights and related digital assets, targeting commercial launch in the second half of 2026.

NYIAX has been marketing itself as an alternative to guaranteed advertising contracts on Nasdaq Financial Framework technology, aiming to bring more standardized pricing, transparency and operational efficiency to media transactions.

Datavault AI and NYIAX in March 2025 Business and IP They announced the alliance for the first time, pitching the combination as a way to turn data and digital rights into more liquid and tradable assets. Thursday's deal shows that Datavault AI is now trying to own the infrastructure instead of partnering around it.

Shares of DataVault AI last traded at around $0.78, down about 14% on Thursday, giving the company a market capitalization of about $462 million.