Circle said July 27 that it acquired fundamental assets from IBM's blockchain patent portfolio, covering more than 680 patent families and nearly 1,000 issued patents worldwide. The deal gives Circle a broad intellectual-property base spanning blockchain, banking, insurance and secure cloud operations. The company said the acquisition makes it the leading U.S.
Circle acquired IBM's blockchain patent portfolio, adding nearly 1,000 issued patents to support its expanding onchain financial infrastructure strategy.
Shares of Circle Internet Group (NYSE: CRCL) advanced 4.69% to reach $65.29 following the company's announcement of securing IBM's blockchain patent portfolio. The stock experienced an initial spike at market open before settling around the $65.30 mark throughout morning sessions.
Circle acquired IBM's blockchain patent portfolio of 680+ patent families and nearly 1,000 issued patents.
CryptoQuant data shows USDC exchange inflows are recovering as stablecoin market trends signal renewed investor activity.
Circle Internet Group (NYSE: CRCL) says it has acquired IBM's (NYSE:IBM) blockchain patent portfolio. The terms of the deal were not immediately available.
The partnership enhances stablecoin accessibility, potentially accelerating mainstream crypto adoption and simplifying cross-border transactions. MoonPay partners with Tempo to add USDC.E and PATHUSD support.
IBM's blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications.
The portfolio covers blockchain technology, banking, insurance, and cloud security, though the financial terms of the deal were not disclosed.
Circle's acquisition of IBM's blockchain patents could enhance USDC's resilience and innovation, potentially reshaping digital finance dynamics. Circle acquires IBM's blockchain patent portfolio to strengthen USDC infrastructure.
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