IP Library Granted Patent US 9,058,628
Granted Patent B2
US 9,058,628 · App. 12/312,886 · Granted Jun 16, 2015

Marketplace for trading intangible asset derivatives and a method for trading intangible asset derivatives

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Quick Facts
Patent No.
US 9,058,628
App. No.
12/312,886
Granted
Jun 16, 2015
Kind
B2
Abstract

A marketplace for trading derivative financial contracts includes a forum that publishes a financial contract and allows the financial contract to be traded by one or more market participants. The financial contracts are based on one or more underlying intangible assets of one or more entities. The price of the contract is derived from a measure of value of the one or more underlying assets of the particular financial contract. The forum may include an exchange for trading financial contracts and may also host trading of over-the-counter financial contracts.

Claims (26)

1. A trading system method for trading one or more IP-focused products, comprising the steps of:

providing a communication infrastructure by which transactions involving one or more IP-focused products of one or more entities listed on the trading system are facilitated, the communication infrastructure comprising a processor and a display unit;

identifying by the processor one or more potential entities for listing on the trading system;

utilizing the processor to select the one or more entities from the one or more potential entities for listing on the trading system through the use of listing criteria, wherein said utilizing step further comprises the step of measuring by the processor a patent portfolio for each of the one or more potential entities using IP metrics to provide a patent portfolio value, said listing criteria consisting of: an average intellectual property quotient score forecasting an economic return value of each patent in the patent portfolio calculated by comparing a characteristic of each patent in the patent portfolio to that characteristic in a set of other patents, a patent maintenance value, and a patent exchange value;

selecting by the processor the one or more entities from the one or more potential entities based on the patent portfolio value to obtain one or more listed entities;

listing by the processor the one or more listed entities on the trading system;

evaluating by the processor the one or more listed entities for continued fulfillment of the listing criteria in order for the one or more listed entities to remain listed on the trading system, wherein the one or more listed entities remain listed on the trading system when the IP metrics are satisfied;

processing by the processor one or more value metrics to assign a product value to the one or more IP-focused products of the one or more listed entities;

publishing by the processor to a display unit the one or more IP-focused products including the product value of the one or more listed entities; and

facilitating by the processor a sale, a purchase, or a license of the one or more IP-focused products of the one or more listed entities.

2. The trading system method of claim 1 , further comprising the step of purchasing the one or more IP-focused products.

3. The trading system method of claim 1 , further comprising the step of defining a procedure for trading the one or more IP-focused products.

4. The trading system method of claim 1 , further comprising the step of reporting transactional data relating to the one or more IP-focused products.

5. The trading system method of claim 1 , wherein said publishing step further includes the step of reporting periodically the product value of the one or more IP-focused products.

6. The trading system method of claim 1 , wherein said offering step further comprises the step of presenting the one or more IP-focused products over-the-counter.

7. The trading system method of claim 1 , further comprising the step of providing a graphical user interface for executing a trade of the one or more IP-focused products.

8. The trading system method of claim 7 , wherein the graphical user interface includes an investigation tab for examination of the one or more IP-focused products.

9. The trading system method of claim 7 , wherein the graphical user interface includes a portfolio tab for access to an investor portfolio interface.

10. The trading system method of claim 1 , wherein the one or more IP-focused products is one or more derivative financial contracts.

11. The trading system method of claim 10 , wherein said one or more derivative financial contracts is based on a plurality of intangible assets of a single entity.

12. The trading system method of claim 10 , wherein said one or more derivative financial contracts is based on a plurality of intangible assets of a plurality of entities.

13. The trading system method of claim 10 , wherein said one or more derivative financial contracts is one or more futures contracts.

14. The trading system method of claim 10 , wherein said one or more derivative financial contracts is one or more forward contracts.

15. The trading system method of claim 1 , wherein the one or more value metrics includes a variable multiplier.

16. The trading system method of claim 1 , wherein said one or more listed entities is a company.

17. The trading system method of claim 1 , wherein the patent maintenance value is calculated by the processor from maintenance data to obtain a statistical probability that each patent in the patent portfolio will be maintained.

Assignments (7)
NOTICE AND CONFIRMATION OF GRANT OF SECURITY INTEREST IN PATENTS Recorded Mar 22, 2022
From: OCEAN TOMO LLC
To: GOLUB CAPITAL MARKETS LLC, AS AGENT
Reel/Frame 059469/0274 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY Recorded Mar 21, 2022
From: OLD NATIONAL BANK
To: OCEAN TOMO, LLC
Reel/Frame 059454/0609 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY Recorded Mar 21, 2022
From: OLD NATIONAL BANK
To: OCEAN TOMO, LLC; OT HOLDCO LLC; OCEAN TOMO TRANSACTIONS, LLC; OTI DATA NETWORKS LLC; VERIS CONSULTING, LLC
Reel/Frame 060208/0966 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY Recorded Mar 21, 2022
From: OLD NATIONAL BANK
To: OCEAN TOMO, LLC; OT HOLDCO LLC; OCEAN TOMO TRANSACTIONS, LLC; OTI DATA NETWORKS LLC; OT MERGERSUB, LLC
Reel/Frame 059454/0635 →
SECURITY INTEREST Recorded May 6, 2021
From: OT HOLDCO, LLC; OCEAN TOMO, LLC; OCEAN TOMO TRANSACTIONS, LLC; OTI DATA NETWORKS LLC; VERIS CONSULTING, LLC
To: FIRST MIDWEST BANK, AS AGENT
Reel/Frame 056158/0104 →
SECURITY INTEREST Recorded Apr 14, 2020
From: OCEAN TOMO, LLC; OT HOLDCO, LLC; OT MERGERSUB, LLC; OCEAN TOMO TRANSACTIONS, LLC; OTI DATA NETWORKS LLC
To: FIRST MIDWEST BANK, AS AGENT
Reel/Frame 052391/0085 →
SECURITY AGREEMENT Recorded Jan 10, 2011
From: OCEAN TOMO, LLC
To: FIRST MIDWEST BANK
Reel/Frame 025675/0432 →