Circle Buys Nearly 1,000 IBM Patents: Will It Protect USDC?
Circle Internet Group bought the core of IBM's blockchain patent estate on Monday, taking more than 680 patent families and nearly 1,000 issued patents worldwide. Neither company disclosed the price.
CRCL stock traded near $63.60 in premarket dealing, roughly 2% above its $62.36 close on Friday. The purchase lands nine days before Circle reports second-quarter results.
What Circle Bought From IBM's Blockchain Patent Portfolio
The assets cover foundational blockchain technology, banking, financial services, insurance, supply chain verification, and secure cloud operations. Circle said the deal makes it the largest holder of blockchain patents in the United States.
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