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Popular crypto stock jumps after acquiring nearly 1,000 patents
Circle Internet Group (NYSE: CRCL) said on July 27 it had acquired IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property. The company, which issues the USDC stablecoin, said the acquisition makes it the largest holder of blockchain patents among US companies. Circle said the portfolio will support products including USDC, Circle Payments Network and its Arc blockchain infrastructure. These patents span blockchain technology, banking, enterprise infrastructure, supply chain verification and secure cloud operations. Circle, ... (full story)
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Coinbase Chief Executive Officer Brian Armstrong has publicly rejected the notion that artificial intelligence and cryptocurrency are competing technology megatrends, arguing instead that crypto will serve as the indispensable financial infrastructure for autonomous AI agents. Addressing ongoing debate across the technology sector regarding capital shifting ...
