Datavault AI Inc. Announces a $10M Worldwide Exclusive License Agreement with Scilex Holding Company for Tokenization and Monetization of Real-World Assets (RWA) in Genomic, DNA Data, Diagnostics, Therapeutics, Genetic, and Drug Information
1. Datavault AI licenses technology to Scilex for biotech asset tokenization. 2. License agreement aims to enable trading of genomic and drug data. 3. Datavault estimates $2 trillion opportunity in pharmaceutical asset tokenization. 4. Company expects up to $2.55 billion in sales milestone payments from Scilex. 5. Innovations support a secure Biotech Exchange targeting efficient data monetization.