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Circle Acquires Nearly 1,000 IBM Blockchain Patents to Solidify Leadership

Guavy AI Editorial Team
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Circle Internet Group has acquired nearly 1,000 issued patents from IBM, expanding its blockchain patent portfolio to make it the leading U.S. holder in this area.

The acquisition includes 680 patent families and spans various areas such as blockchain infrastructure, banking, payments, insurance, supply chains, and cloud operations.

Circle plans to use these patents to support its USDC (USD Coin), Payments Network, Arc, and on-chain products. The company has not disclosed the financial terms of the deal or how it will integrate the new patents into its existing technology stack.

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