QualityStocksNewsBreaks – Datavault AI Inc. (NASDAQ: DVLT) Grants Exclusive Worldwide License to Scilex Holding Company (NASDAQ: SCLX) for AI-Driven Biotech Exchange Platform
Datavault AI (NASDAQ: DVLT), a leader in AI-driven blockchain solutions for data monetization and asset tokenization, has granted Scilex Holding Company (NASDAQ: SCLX) an exclusive worldwide license to deploy its proprietary AI-driven technology within the biotech and biopharma sectors. The agreement enables Scilex to build and operate a Biotech Exchange platform to tokenize, trade, and monetize biotech assets such as genomic data, diagnostics, and drug information. Datavault AI expects the technology to expand into a Pharmaceutical Exchange platform addressing an estimated $2 trillion market opportunity, providing a path for companies to access non-dilutive funding. The deal includes a $10 million…