Invention Grant
- Patent Title: Investment fund token ownership
-
Application No.: US17887601Application Date: 2022-08-15
-
Publication No.: US12248985B2Publication Date: 2025-03-11
- Inventor: Matthew Hill , Gregory Bell , Shawn Owen
- Applicant: SALT BLOCKCHAIN INC.
- Applicant Address: US CO Denver
- Assignee: SALT BLOCKCHAIN INC.
- Current Assignee: SALT BLOCKCHAIN INC.
- Current Assignee Address: US CO Denver
- Agency: Maynard Nexsen PC
- Agent Michael Henson
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q20/06 ; G06Q20/36 ; G06Q20/38 ; H04L9/32 ; H04L9/00

Abstract:
A decentralized investment fund operates according to consensus code on a shared ledger and raises capital by issuing ownership tokens on the shared ledger. The decentralized investment fund may hold digital assets in the consensus code and distribute profits to the token owners according to each owner's dividend preference. A token owner's dividend preference can include digital assets tracked by a different shared ledger, stabletoken digital assets pegged to the value of a digital asset, and cross-chain digital asset swaps. Token issuance may include a proof of accreditation requirement based on cryptographic proof on a shared ledger. The decentralized investment fund may distribute fund documents to the token holders by encrypting the document, first with a symmetric key common to all token holders, and second with an asymmetric key unique to each token holders and based on the token's holder's known public address on the shared ledger.
Public/Granted literature
- US20220391982A1 INVESTMENT FUND TOKEN OWNERSHIP Public/Granted day:2022-12-08
Information query