ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,079, issued on Nov. 11, was assigned to tZERO IP LLC (Salt Lake City).
"Crypto multiple security asset creation and redemption platform" was invented by Alec Wilkins (Salt Lake City), Robert Christensen (Sandy, Utah), John Wesley Welborn (Arlington, Va.), John Tabacco (Jersey City, N.J.) and Glen Nickle (Logan, Utah).
According to the abstract* released by the U.S. Patent & Trademark Office: "An asset trading system utilizing a distributed ledger and configured to: when a creation request to create a digital fund token representing at least one share of a fund having a plurality of different assets (i) is received, (ii) is electronically signed with a private key associated with ...