DCX and Whales AI Sign Strategic Investment and Exclusive Commercialization Agreement to Advance AI-Powered STEM Education Robotics Platform in North America
Digital Currency X Technology (Nasdaq: DCX) signed a Strategic Investment and Exclusive Commercialization Agreement with Whales AI Limited, including an initial US$4 million investment to support Whales AI's AI-powered STEM education robotics platform. DCX receives the exclusive right to market, sell, and commercially operate the platform across North America, with revenue shared 60/40 in DCX's favor. The agreement contemplates up to US$16 million in additional investments, but those are non-binding and subject to separate definitive agreements and commercialization milestones.
Key figures
- Deal Value Usd
- 4000000
- Revenue share dcx pct
- 60
- Revenue share whales ai pct
- 40
- Potential additional investment usd
- 16000000
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