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Datavault AI and Biochar Now Combine Insured Carbon Removal Credits with Patented Tokenization Technology

DVLT
  • Datavault AI Inc. (Nasdaq: DVLT) formed a global strategic collaboration with Biochar Now to expand distribution of verified, insured carbon removal credits using Datavault's patented tokenization technology.
  • The agreement grants Datavault access to Biochar Now's carbon credits for worldwide demand generation, buyer development, marketing, and potential exchange listings.
  • Biochar Now will pay Datavault AI for technology & services; specific financial terms remain undisclosed.
  • The partnership combines Biochar Now's physical carbon removal, third-party verification, & insurance program with Datavault's data exchange & distribution capabilities.
  • Eligible credits are tracked via Biochar Now's proprietary Insured Carbon system & insured through a captive insurance company owned by Biochar Now.
  • The framework allows qualifying projects operated by Biochar Now technology licensees to enter the partnership subject to verification & onboarding requirements.
  • Biochar Now's environmental & carbon-credit data will be available through Datavault AI's Information Data Exchange (IDE) & DataValue capabilities.
  • Both companies aim to increase transparency, traceability, & accountability while reducing risks of fraudulent or duplicate claims in the carbon market.
  • The parties agreed to evaluate other strategic projects together, including a potential initiative in the western United States.