Circle shares rose 3.7% after the company acquired IBM's blockchain patent portfolio 📈
The deal includes over 680 patent families and nearly 1,000 issued patents worldwide 📑
The portfolio covers blockchain, banking, financial services, supply chains, and cloud computing.
Circle said the acquisition makes it the largest holder of blockchain-related patents in the U.S.
The patents will support products such as USDC, Circle Payments Network, Arc, and other onchain services 💰
Circle and IBM also plan to explore future commercial collaborations 🤝
The acquisition strengthens Circle's long-term strategy to expand blockchain infrastructure and digital finance 🚀
Today's Pill - building strong technology and intellectual property can help companies stay competitive as blockchain adoption continues to grow 🔄
The deal includes over 680 patent families and nearly 1,000 issued patents worldwide 📑
The portfolio covers blockchain, banking, financial services, supply chains, and cloud computing.
Circle said the acquisition makes it the largest holder of blockchain-related patents in the U.S.
The patents will support products such as USDC, Circle Payments Network, Arc, and other onchain services 💰
Circle and IBM also plan to explore future commercial collaborations 🤝
The acquisition strengthens Circle's long-term strategy to expand blockchain infrastructure and digital finance 🚀
Today's Pill - building strong technology and intellectual property can help companies stay competitive as blockchain adoption continues to grow 🔄
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