US Patent Issued on May 26 for "Determining implied interest rates based on cryptoasset derivative trade data" (New York, New Jersey Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,639,750, issued on May 26.

"Determining implied interest rates based on cryptoasset derivative trade data" was invented by Troy Andrew Seberson (West Orange, N.J.) and Marius Adrian Radu (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "An example method of determining implied interest rates based on cryptoasset derivative trade data includes: receiving, by a processing device, input data comprising at least one of: transaction data characterizing a trade in a derivative of a specified cryptoasset or a quote for the derivative of the specified cryptoasset; determining, based on the input data, a set of trade-level raw interest rates; generating, u...