ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,112, issued on March 3, was assigned to TRETE Inc. (Prosper, Texas).
"Investment fund asset fractionalization" was invented by Damien Patton (Plano, Texas), Christian Gratton (Eaton Rapids, Mich.) and Kara Boyle (Cottonwood Shores, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the invention include ingesting capitalization data defining capitalization of a investment fund asset. A model determines a share price. The value of the investment fund asset is fractionalized into a plurality of digital shares, each digital share having a value of the share price and represented by a token. A capitalization table tracks relationships betwe...