Datavault AI Announces Launch of Josh Gibson Stablecoin
Philadelphia, Pennsylvania—Datavault AI Inc. (NASDAQ:DVLT), a frontrunner in data monetization and tokenization technology, has unveiled plans for the Josh Gibson Stablecoin. This development pairs with a unique Name, Image, and Likeness (NIL) strategy tailored for a digital asset exchange focused on sports and entertainment. It aligns with Major League Baseball’s (MLB) recent acknowledgment of Negro Leagues (1920-1948) statistics and serves as a tribute to the baseball legend Josh Gibson during Black History Month.
In a May 2024 press release, MLB confirmed the integration of Negro League statistics into the major league records, showcasing the achievements of many Black players historically overlooked. Josh Gibson is celebrated as one of the greatest catchers and hitters in the sport, holding numerous MLB records, including a career batting average of .372 and an OPS of 1.177. These updates solidify his status among baseball’s all-time greats.
The Josh Gibson Stablecoin will utilize Datavault AI’s patented technology to ensure compliance with regulations like the GENIUS Act and the Stable Coin Act. It aims to enhance fan engagement and provide revenue opportunities linked to Gibson’s remarkable brand and legacy.
Simultaneously, Datavault AI is in the process of creating a focused NIL strategy for Gibson via its proprietary NIL exchange platform. This initiative, which is being developed alongside Sports Illustrated, is set to launch commercially in late 2026. It will facilitate the tokenization and licensing of Gibson’s likeness rights, offering new prospects for collectors, brands, and fans while paying homage to Negro League history.
Sean Gibson, Josh Gibson’s great-grandson and executive director of the Josh Gibson Foundation, expressed pride in honoring his great-grandfather’s legacy. He noted that with MLB recognizing Josh’s contributions, the launch of the Stablecoin and NIL strategy is a significant step in sharing his story with new audiences. He also emphasized the initiative’s role in creating meaningful economic opportunities.
Datavault AI reiterated that Josh Gibson is not only hailed as one of baseball’s greatest but also as a pioneer whose legacy was historically overlooked. The integration of Negro League statistics by MLB allows for this Stablecoin and accompanying NIL strategies to make a lasting impact. The company aims to merge advanced technology with cultural preservation, particularly during Black History Month. They plan to distribute special commemorative Josh Gibson meme coins to shareholders, with more details pending board approval.
In celebration of Black History Month and Gibson’s immense contributions, one commemorative meme coin will be given to each shareholder of Datavault AI stock. However, this will be contingent upon board approvals and the establishment of a record date. These coins will be collectible and could be traded following the coin’s distribution.
Datavault AI also plans to host an exclusive event in Philadelphia to celebrate Black History Month and honor Josh Gibson, gathering selected media and stakeholders to showcase its audio and data technologies.
About Datavault AI Inc.
Datavault AI Inc. (Nasdaq:DVLT) leads in AI-driven data experiences, focusing on asset valuation and monetization within Web 3.0 frameworks. Their platform connects acoustic and data science to deliver innovative solutions across various sectors. The company’s technology encompasses a range of customizable features for task automation, deep analytics, and enhanced marketing capabilities.
About the Josh Gibson Foundation
The Josh Gibson Foundation is dedicated to empowering youth through academic and athletic programs that nurture leadership and scholarship, aiming to continue the legacy of excellence that Josh Gibson personified.
Forward-looking statements
This announcement includes forward-looking statements regarding Datavault AI’s future endeavors, which are subject to uncertainties and risks. The actual results may vary significantly based on market conditions, regulatory changes, and other factors.
For additional inquiries, please reach out via:
Media: marketing@dvlt.ai
Investors: ir@dvlt.ai
Licensing: Ed Schauder, 917-907-1404
