Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsDataVault AI Acquires SyncIN Tech to Advance Web3 Payments

DataVault AI Acquires SyncIN Tech to Advance Web3 Payments

-

Spread the love

DataVault AI Inc. (NASDAQ: DVLT), a technology firm based in Beaverton and currently valued at approximately $52 million, has announced the acquisition of SyncIN technology from Turner Global Media, LLC. This strategic move is part of the company’s efforts to expand its footprint in the Web3 ecosystem by integrating advanced broadcast-based payment capabilities into its platform.

Revolutionizing Transactions with Audio-Embedded Technology

The recently acquired SyncIN system enables inaudible tone mobile QR codes to be embedded within traditional broadcast media, such as TV and radio. These imperceptible tones can be detected by smartphones, allowing consumers to access targeted content or complete blockchain-verified transactions using stablecoins. The technology, which also functions in retail and hospitality environments, supports DataVault AI’s broader ambitions in merging digital engagement with blockchain monetization.

The firm believes this audio-embedded system has the potential to transform the consumer experience by offering seamless, real-time connections to advertisements or services. Executives from DataVault AI conveyed confidence in the system’s ability to facilitate stablecoin-based Web3 transactions, positioning it as a crucial enabler of a more interactive and financially integrated media environment.

Expanding Market Reach Through Licensing Strategy

Looking ahead to 2025, the company revealed plans to pursue between 10 and 15 licensing agreements to commercialize the SyncIN technology. The firm highlighted the system’s potential to reach over 90% of U.S. households through television and radio networks. In addition, it can engage up to 140 million weekly shoppers in retail settings and connect with a similar number of annual visitors across hospitality venues.

According to DataVault AI, the acquisition not only enhances its technological portfolio but also adds intellectual property that complements the firm’s existing patent allowances. Based on its licensing strategy and projected market adoption, the company has set a revenue target of $40 to $50 million for the year 2026.

Aligning with Regulatory Trends and Strategic Partnerships

Company representatives stated that the integration of SyncIN is timely, as it aligns with upcoming U.S. legislative frameworks, such as the Genius Act and the Stable Coin Act. These legislative developments are anticipated to shape the regulatory environment for stablecoin transactions and blockchain integration, and DataVault AI sees this alignment as an opportunity to position itself advantageously within the growing market.

Beyond financial technologies, DataVault AI continues to diversify its innovation initiatives. The company is currently collaborating with the U.S. Department of Energy’s Brookhaven National Laboratory on a machine learning project aimed at optimizing biofuel crop development. This partnership reflects the company’s commitment to applying AI and blockchain across various sectors including biotech, entertainment, sports, and finance.

Ongoing Challenges Despite Ambitious Outlook

Despite its forward-looking strategies and recent technological acquisition, DataVault AI is facing notable financial challenges. Independent analysis from InvestingPro indicated that the company’s current financial health metrics remain weak, suggesting that it may face difficulties in executing its ambitious expansion plans without addressing underlying structural issues.

Still, DataVault AI appears to be leaning heavily into innovation as a pathway to overcome financial headwinds. By embedding Web3 capabilities into mainstream media and retail environments, the firm is attempting to redefine how consumers interact with content and complete digital transactions. The SyncIN acquisition represents a bold step in that direction, potentially setting the stage for broader adoption of blockchain-powered financial services in everyday settings.

LATEST POSTS

Eric Trump Confirmed as Headline Speaker for BTC Asia

The Trump crypto conference tour continues, with Eric Trump confirmed to speak at BTC Asia conference in Hong Kong in August.Hong Kong is pushing through...

Ripple Builds Strength Above $2.26 With $2.38 in Sight. Next Leg Incoming?

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya...

Bitcoin Traders React to Trump Tariffs, With Slides on Dogecoin

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya...

Etherscan Launches HyperEVM Scan to Boost Web3 Transparency

Etherscan, widely regarded as a leading blockchain data provider for the Ethereum network, has introduced a new dedicated block explorer called HyperEVM Scan. This newly...

Most Popular