Datavault AI Inc. (NASDAQ: DVLT) announced that the U.S. Patent and Trademark Office has issued a Notice of Allowance for all 24 claims in its patent application covering blockchain-based methods and systems designed to detect and mitigate naked and excessive short selling through tokenized dividend distribution. The allowed claims include technologies for issuing digital dividend tokens on a distributed ledger, reconciling token issuance with reported share positions to identify settlement discrepancies, automating settlement and share recalls, supporting CUSIP reclassification, and providing real-time reporting and audit capabilities.
This development is significant because naked short selling—selling shares that have not been properly borrowed—can distort market prices and undermine investor confidence. By leveraging blockchain technology, Datavault AI's patented system aims to bring transparency and efficiency to the settlement process. The company stated that the intellectual property expands its blockchain and tokenization portfolio while creating potential licensing opportunities for exchanges, transfer agents, broker-dealers, custodians, issuers, and digital asset platforms. For more details, the full press release can be viewed at https://ibn.fm/Ce5bf.
Datavault AI is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. Its cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features patented technologies from WiSA, ADIO, and Sumerian, covering spatial and multichannel wireless high-definition sound transmission. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization.
The company's platform serves multiple industries, including high-performance computing software licensing for sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata. The technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics, and marketing automation.
Headquartered in Philadelphia, PA, Datavault AI continues to innovate. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT. For more information about Datavault AI, visit https://dvlt.ai.
