US Patent Issued to Circle Internet Financial on March 24 for "Multi-blockchain token rebalancer" (Massachusetts Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,586,062, issued on March 24, was assigned to Circle Internet Financial Inc. (Boston).

"Multi-blockchain token rebalancer" was invented by Erik Tierney (Lexington, Mass.), Marcus Boorstin (Cambridge, Mass.) and Huawei Gu (Wellesley, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Certain aspects of the present disclosure provide techniques for multi-blockchain token rebalancing. According to certain embodiments, a target ratio defining a first quantitative relationship between an amount of a token present is determined for each of a plurality of blockchains. A current amount of the token is received for a first blockchain, and in some embodiments, ...