US Patent Issued to Royalton Partners on Nov. 3 for "System and method for managing an investible cryptocurrency index fund" (German Inventor)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,107, issued on Nov. 3, was assigned to Royalton Partners AG (St. Moritz, Switzerland).

"System and method for managing an investible cryptocurrency index fund" was invented by Wolfgang Karl Hardle (Berlin).

According to the abstract* released by the U.S. Patent & Trademark Office: "An algorithmic index system for cryptocurrencies in which the index algorithm, the operation of which is variable based on values input by one or more data sources of various algorithm parameters, are encoded and stored within a file structure. These data serve as a basis for the index displayed. A method of updating the index algorithms and constituent algorithm parameters is also described."

The pate...