Circle Buys IBM’s Blockchain Patents to Boost Payments Network

Digital financial platform Circle acquired IBM ’s blockchain patent portfolio, according to a Monday (July 27) press release . “With this acquisition, Circle becomes the leader in blockchain patent holdings in the United States,” the release said. “The expanded IP position directly supports Circle’s foundation for building the internet financial system, including USDC , Circle Payments Network , Arc , and a growing suite of on-chain products and agentic financial tools.” The IBM portfolio consis