Holland & Hart represented Datavault AI Inc. (NASDAQ: DVLT), an Artificial Intelligence Platform company providing data monetization, credentialing, digital engagement, real-world asset (RWA) tokenization, and spatial audio technologies, in connection with its definitive agreement to acquire BankWyse, a Wyoming Special Purpose Depository Institution (SPDI).
Datavault AI announced the agreement on August 19, 2026. The acquisition, which remains subject to regulatory approval and customary closing conditions, would add qualified digital asset custody and commercial banking capabilities to Datavault AI's platform—a significant step in building out an integrated ecosystem spanning the valuation, tokenization, custody, and exchange of data and real-world assets. The transaction also underscores Wyoming's role as a leading jurisdiction for digital asset innovation through its SPDI framework.
As Wyoming local and bank regulatory counsel, the Holland & Hart team advised on the Wyoming regulatory and corporate aspects of the transaction, including matters relating to Wyoming's SPDI framework, Wyoming M+A law, and the organization of the acquisition subsidiary.
For more information, please see Datavault AI's press release.
The Holland & Hart team included Timothy Crisp, Brad Flynt, and paralegal Linda Concannon.
Holland & Hart's Corporate attorneys have extensive experience in mergers and acquisitions and advising clients at all stages of development, from start-ups to large public companies, in a diverse range of industries.