Digital Currency X signs $20M deal for AI education platform with exclusive US rights

Digital Currency X Commits $20 Million to AI Education Platform

Digital Currency X Technology Inc. (NASDAQ:DCX) has signed a non-binding memorandum of understanding with Whales AI Limited to pursue commercialization of an AI-powered educational platform targeting the United States and Canada 1

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. The non-binding MOU contemplates an aggregate DCX investment in Whales AI of $20 million to support continued development of the AI and STEM education robotics platform, including training and optimization of its underlying AI large language model and localization for the education market 2

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. In exchange, Whales AI intends to grant DCX exclusive rights to market, sell and commercially operate the platform throughout the territory 1

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Revenue Share and Operational Structure

Under the proposed arrangement, Digital Currency X would lead sales, marketing and business development for the AI-driven education platform in the US and Canada, while Whales AI would remain responsible for platform development, model training and technical maintenance 1

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. The parties intend to share resulting platform revenue on a 60/40 basis respectively, with DCX receiving the larger share 2

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. This structure positions DCX to capture significant value from the commercialization of an AI-powered educational platform while leveraging Whales AI's technical capabilities.

Strategic Shift Toward AI and Market Opportunity

CEO Melissa Chen stated the deal reflects DCX's "continued shift toward digital currency and AI-driven business lines" 1

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. The strategic shift toward AI comes as the company seeks to capitalize on explosive growth in the AI in education market. According to third-party research cited by the company, the global AI in education market will be valued at approximately $9.58 billion in 2026 and is expected to grow to approximately $136.79 billion by 2035 1

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. Separately, the global educational robots market was estimated at approximately $1.38 billion in 2024 and projected to reach approximately $5.84 billion by 2030, with North America representing more than 35% of global revenue in 2024 2

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Deal Terms and Stock Performance

The agreement remains non-binding regarding its principal commercial terms, with entry into definitive agreements requiring completion of due diligence, agreement on final terms and necessary internal approvals including board approval 2

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. No amounts have been committed under the MOU and no revenue is expected from this activity in the current financial year 1

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. The company stated there is no assurance that definitive agreements will be entered into or that the contemplated business will proceed 2

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. Despite the uncertain path forward, the stock rallied over 31% in after-hours trading and closed the regular session at $1.08, up 19.73% 1

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. Digital Currency X has a market capitalization of $380.55 million, though the stock's price has fallen by 99.97% over the past 12 months and is currently trading close to its annual low 1

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. The stock performance suggests investors view the potential partnership as a meaningful pivot for the struggling digital asset management company.