Circle Internet Acquires IBM Blockchain Patent Assets

By Katherine HamiltonCircle Internet Group acquired fundamental assets from the IBM blockchain patent portfolio.The portfolio comprises more than 680 patent families and 1,000 issued patents worldwide, spanning blockchain technology, financial services and cloud operations, among other areas, Circle said Monday.Circle, which issues the stablecoin USDC, is aiming to expand its intellectual property position and adopt more blockchain infrastructure.Circle and IBM also plan to explore additional commercial partnerships.Write to Katherine Hamilton at [email protected]