Invention Grant
- Patent Title: Systems, methods, and program products for operating exchange traded products holding digital math-based assets
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Application No.: US15847096Application Date: 2017-12-19
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Publication No.: US09965804B1Publication Date: 2018-05-08
- Inventor: Cameron Howard Winklevoss , Tyler Howard Winklevoss , Evan Louis Greebel , Kathleen Hill Moriarty , Gregory Elias Xethalis
- Applicant: Winklevoss IP, LLC
- Applicant Address: US DE Wilmington
- Assignee: Winklevoss IP, LLC
- Current Assignee: Winklevoss IP, LLC
- Current Assignee Address: US DE Wilmington
- Agency: Amster, Rothstein & Ebenstein LLP
- Main IPC: G06Q40/04
- IPC: G06Q40/04

Abstract:
Systems, methods, and program products for providing an exchange traded product holding digital math-based assets are disclosed. Shares based on digital math-based assets may be created using one or more computers by determining share price information based upon quantities of digital math-based assets held by a trust, electronically receiving a request from an authorized participant user device to purchase a quantity of shares, electronically transmitting a quantity of digital math-based assets to one or more destination digital asset accounts for receipt of digital math-based assets from the authorized participant based on the determined share price information and the requested quantity of shares, and electronically issuing shares to the authorized participant.
Information query