ALEXANDRIA, Va., June 16 -- United States Patent no. 12,657,575, issued on June 16, was assigned to Ava Labs Inc. (New York).

"Native token bridging" was invented by Michael Kaplan (New York), Patrick Robert O'Grady (Palo Alto, Calif.), Stephen Buttolph (Brooklyn, N.Y.), Aaron Buchwald (New York), Bernard Wong (Waterloo, Canada), Cameron John Schultz (Chicago), Geoffrey Stuart (Toronto) and Matthew Lam (Brooklyn, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various aspects of the subject technology relate to systems, methods, and machine-readable media for bridging native tokens. Various aspects may include initializing a first blockchain by allocating a plurality of native tokens. Aspects may also in...