Datavault AI (NASDAQ: DVLT) said it has advanced its NIL debit card capability through its embedded banking and payments arrangement with Fiserv, while appointing Ronald M. Goldstein to lead professional sports licensing for its NIL Vault platform. The planned payment wallets and debit cards are designed to help participating athletes receive, manage and access funds earned through sponsorship and NIL activities.

Goldstein brings more than 35 years of experience in sports marketing, licensing, intellectual property and commercial partnerships. Datavault AI said he has already begun advancing official licensing initiatives for NIL Vault, including programs involving Josh Gibson, Roberto Clemente and Yogi Berra. The company said the appointments and expanded payment capabilities support the continued development of its planned NIL exchange platform.

The development adds to the broader shift in how name, image and likeness rights are being commercialized for athletes, as college and professional sports continue to operate under evolving regulatory frameworks. By integrating debit card and payment wallet features through Fiserv, Datavault AI said it aims to provide athletes with a financial infrastructure for receiving and managing NIL-related income, a practical layer that sits alongside the licensing side of the business.

NIL Vault is part of Datavault AI’s broader strategy to apply its technology in the Web 3.0 environment, with a focus on data experiences, valuation and monetization of assets. The company said its cloud-based platform provides solutions through its Acoustic Sciences and Data Sciences divisions across sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare and energy.

Datavault AI said its Acoustic Sciences division includes WiSA, ADIO and Sumerian patented technologies for spatial and multichannel wireless sound transmission. Its Data Science division uses Web 3.0 and high-performance computing for experiential data perception and secure monetization. The Information Data Exchange enables Digital Twins and licensing of NIL by securely attaching physical objects to immutable metadata.

The company said Goldstein’s appointment reflects its effort to build credible partnerships in the sports industry. His work with figures including Josh Gibson, Roberto Clemente and Yogi Berra could help establish NIL Vault as a platform for athletes and estates.

Datavault AI said the combination of licensing, payment processing and financial management is intended to address a key challenge for athletes: managing and accessing NIL earnings efficiently. The company added that the Fiserv partnership positions it to offer a more integrated solution as the NIL landscape continues to evolve.

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