Securitize Inc.'s platform for tokenizing and trading real-world assets infringes patents covering digital marketplaces for fractional ownership interests, Liquid Rarity Exchange LLC said in a federal lawsuit.
LRE alleged in a complaint Monday that Securitize’s platform—which lets users issue, manage, and trade tokenized assets—infringes US Patent Nos. 10,825,090 and 8,015,069.
The suit, in the US District Court for the District of Delaware, seeks damages and orders blocking Securitize’s continued use of the patented technology. The ‘090 and ‘069 patents expire in February 2039 and June 2030, respectively, Bloomberg Law estimates.
The patents cover virtual trading platforms and exchanges that ...
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