Securitize has taken legal action to clarify that it does not infringe on patents held by tZERO, a blockchain-based financial infrastructure provider that has been operating since 2014. The dispute centers on two specific US patents, Nos. 11,216,802 and 11,394,560, which tZERO claims cover technology used in Securitize’s DS protocol and Vault Registrar.
How the dispute unfolded
The saga kicked off on June 15 when tZERO Group sent a cease-and-desist and reservation-of-rights letter to Securitize. The letter alleged that Securitize’s core tokenization infrastructure, specifically its DS protocol and Vault Registrar, infringes on two of tZERO’s patents.
tZERO holds a portfolio of 105 patents spread across 23 patent families worldwide.
tZERO is looking beyond Securitize
