Best known for its USDC stablecoin, financial platform operator Circle has acquired IBM’s blockchain patent portfolio, comprising more than 680 patent families and nearly 1,000 issued patents worldwide. The patents relate to foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification and secure cloud operations.
Circle says the acquisition directly supports Circle’s foundation for building the internet financial system, including USDC, the Circle Payments Network, the Arc blockchain and a growing suite of on-chain products and agentic AI financial tools.
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