Circle acquires nearly 1,000 blockchain patents from IBM in undisclosed deal

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Circle has purchased a portfolio of nearly 1,000 patents from IBM, significantly expanding its intellectual property holdings. The acquired patents span multiple domains, including blockchain technology, banking, insurance, and cloud security. The deal was reported by CoinDesk, though neither company disclosed the financial terms of the transaction. The acquisition positions Circle with a broad range of technology protections across key sectors relevant to its business operations.

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