Datavault AI says USPTO allows patent claims on tokenized dividend system targeting naked short selling
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Datavault AI received a USPTO Notice of Allowance for patent application No. 19/445,241, covering tokenized dividend distribution systems designed to detect naked short selling. The allowed claims focus on issuing blockchain-recorded dividend tokens only for delivered shares and reconciling them against intermediary positions to identify discrepancies. The company anticipates licensing interest from exchanges, broker-dealers, and other financial intermediaries.
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