Curated News
By: NewsRamp Editorial Staff
May 06, 2025
Datavault AI Partners with Kove IO Inc. to Launch Secure Data Vending Platform at IBM Think 2025
TLDR
- Datavault AI (NASDAQ: DVLT) partners with Kove IO to launch a tokenized data vending platform, addressing the $700 billion data monetization market.
- Datavault AI integrates Data Vault® with Kove:SDM software-defined memory to provide a secure and real-time data monetization platform for finance, biotech, and defense industries.
- Datavault AI's joint solution with Kove IO offers a compliant way to monetize underutilized data, contributing to a more efficient and profitable business environment.
- Datavault AI's platform supports encrypted smart contracts and integrates with Snowflake and Databricks, making data monetization more accessible and streamlined for various industries.
Impact - Why it Matters
This news matters because it introduces a cutting-edge solution for enterprises to monetize underutilized data in a compliant and efficient manner, potentially tapping into the lucrative $700 billion data monetization market. The partnership between Datavault AI and Kove IO Inc. signifies a significant step forward in leveraging AI-driven technologies for data valuation and monetization, offering innovative solutions for industries such as finance, biotech, and defense.
Summary
Datavault AI (NASDAQ: DVLT), in partnership with Kove IO Inc., has launched a secure, tokenized data vending platform at IBM Think 2025 in Boston. The joint solution integrates Datavault’s Data Vault® with Kove:SDM software-defined memory, providing a compliant and real-time way for enterprises to monetize underutilized data in finance, biotech, and defense sectors. The platform supports encrypted smart contracts and integrates with Snowflake and Databricks, targeting the $700 billion data monetization market.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Datavault AI Partners with Kove IO Inc. to Launch Secure Data Vending Platform at IBM Think 2025
