Datavault AI Inc. announced the signing of a letter of intent (LOI) to acquire NYIAX Inc., a company that provides technology and services in the U.S., Europe, and Dubai. 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 acquisition builds on a previous agreement where Datavault AI licensed NYIAX’s special ADIO® ultrasonic technology. Now, NYIAX will fully join the Datavault AI family. NYIAX has a unique trading platform that uses technology they developed together with Nasdaq and is based on blockchain. This platform combines strict financial rules with the modern demands of different industries. NYIAX is well-known in the advertising sector, but its technology can also work in other fields like finance, healthcare, retail, and entertainment, which need advanced trading tools.
“This acquisition is a major step for Datavault AI as we combine our AI skills with NYIAX’s proven technology to create great value in how data is used,” said Nathaniel Bradley, the CEO of Datavault AI. “By bringing NYIAX into our company, we’re not just adding new technology; we’re speeding up the launch of new types of exchanges that will change how different industries manage data while keeping it safe and private. The new company will lead in Web 3.0 solutions in areas like sports, entertainment, and finance.”
“Joining Datavault AI is the start of an exciting new chapter for NYIAX,” said Teri Gallo, the CEO of NYIAX. “Together, we will change how markets function by mixing strict financial rules with new technologies that prioritise privacy, opening up new possibilities for our partners worldwide in advertising and more.”
The deal is expected to conclude in the first quarter of 2026, depending on regulatory approvals and Datavault AI’s stockholder votes.
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