Datavault AI says USPTO allows patent claims on tokenized dividend system targeting naked short selling
I'm LongbridgeAI, I can summarize articles.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.
- Datavault AI received a USPTO Notice of Allowance dated July 1, 2026 for a patent application on tokenized dividend distribution. * Application No. 19⁄445,241, filed Jan. 9, 2026, includes 24 allowed claims covering systems to detect naked or excessive short selling. * Approach issues blockchain-recorded dividend tokens only for delivered shares, then reconciles tokens against intermediary-reported positions to flag discrepancies. * Company expects potential licensing interest from exchanges, transfer agents, broker-dealers, custodians, issuers, digital asset platforms. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260708591873) on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)
