IP Library › Granted Patent US 12,211,103
Granted Patent B1
US 12,211,103 · App. 18/898,581 · Granted Jan 28, 2025

Real asset fractionalization algorithm

Inventors: Damien Patton (Plano, TX); Christian Gratton (Eaton Rapids, MI)
Assignee: TRETE Inc.
G06Q40/06
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Quick Facts
Patent No.
US 12,211,103
App. No.
18/898,581
Filed
Sep 26, 2024
Granted
Jan 28, 2025
Kind
B1
Art Unit
3691
USPC
705/36R
Abstract

In certain aspects of the disclosure, a computer-implemented method includes receiving information regarding characteristics of a real asset. The method includes tokenizing at least one digital asset representing fractional shares in the real asset. The method includes determining the initial share price. The method includes updating a capitalization table based on the number shares and share price. The method includes performing a transaction based on share price. Systems and machine-readable media are also provided.

Claims (70)

1. A computer-implemented method comprising:

electronically ingesting capitalization data defining capitalization of an asset and including fields identifying a fiat currency investment each of a plurality of investors has invested in the asset;

utilizing a continuous learning model automatically:

suggesting a guardrail share pricing range based on a plurality of pricing factors and defining a minimum share price and a maximum share price; and

identifying a denominator within the guardrail share pricing range and representing the share price;

fractionalizing the capitalization of the asset into a plurality of tokens in view of the fiat currency investment of each of the plurality of investors, each token representing a digital share of the asset and having a fiat currency value of a share price;

subsequent to fractionalizing the capitalization of the asset, accessing a token, from among the plurality of tokens, representing a digital share of the asset;

splitting the share price of the digital share into a split share price;

creating a plurality of new digital shares of the real asset, each new digital share representing part of the digital share;

fractionalizing the token into a plurality of other tokens, each other token representing a new digital share, from among the plurality of shares, and having a fiat currency value of the split share price; and

automatically and electronically tracking, in a digitally updatable capitalization table, a parent-to-child relationship between the digital share as a parent share and each of the plurality of new digital shares as a corresponding child share, including for each new digital share in the plurality of new digital shares, incorporating metadata into the new digital share tying the new digital share back to the digital share; and

performing a buy/sell transaction for a portion of the asset at an Alternative Trading System (ATS) exchange based on split share price, including:

electronically transferring at least one other token, from among the plurality of other tokens, to an ATS exchange managed digital wallet of a new investor in the asset; and

updating the digitally updatable capitalization table indicating the new investor has invested in the real asset.

2. The method of claim 1 , wherein incorporating metadata into the new digital compromises persisting a serial number in the new digital share.

3. The method of claim 1 , further comprising automatically deepening the guardrail share pricing suggestion capabilities of the continuous learning model based on the electronically ingested capitalization table data and identified denominator.

4. The method of claim 1 , further comprising:

utilizing the continuous learning model automatically:

suggesting a guardrail share pricing range based on the plurality of pricing factors and defining a minimum asset split share price and a maximum asset split share price; and

identifying a denominator within the guardrail share pricing range representing the split share price.

5. The method of claim 1 , wherein electronically ingesting capitalization data defining capitalization of an asset comprises ingesting capitalization data defining capitalization of an asset, the asset selected from among: gold, real estate, oil, a franchise investment, uranium, timber, private credit, or private debt.

6. The method of claim 1 , wherein electronically ingesting capitalization data defining capitalization of an asset comprises ingesting the capitalization data from another system via an API; and

further comprising:

mapping the capitalization data into an Alternative Trading System (ATS) exchange usable format;

returning the plurality of tokens via the API to the other system in a format desired by a recipient; and

returning the plurality of other tokens via the API to the other system in the format desired by the recipient.

7. The method of claim 1 , wherein electronically ingesting capitalization data defining capitalization of an asset comprises ingesting capitalization data defining capitalization of an asset, the asset selected from among: gold, real estate, oil, a franchise investment, uranium, timber, private credit, or private debt.

8. The method of claim 1 , wherein electronically ingesting capitalization data defining capitalization of an asset comprises ingesting the capitalization data from another system via an API.

9. The method of claim 8 , further comprising:

mapping the capitalization data into an ATS exchange usable format; and

returning the plurality of tokens via the API to the other system in a format desired by a recipient.

10. The method of claim 1 , wherein identifying a denominator within the guardrail share pricing range and representing the share price comprises:

accessing an asset owner preference for a share pricing priority; and

identify the denominator in accordance with the share pricing priority.

11. A system comprising:

one or more memories comprising instructions; and

one or more processors configured to execute the instructions, which, when executed, cause the one or more processors to:

electronically ingest capitalization data defining capitalization of an asset and including fields identifying a fiat currency investment each of a plurality of investors has invested in the asset;

utilize a continuous learning model automatically:

suggest a guardrail share pricing range based on a plurality of pricing factors and defining a minimum share price and a maximum share price; and

identify a denominator within the guardrail share pricing range and representing the share price;

fractionalize the capitalization of the asset into a plurality of tokens in view of the fiat currency investment of each of the plurality of investors, each token representing a digital share of the asset and having a fiat currency value of a share price;

subsequent to fractionalizing the capitalization of the asset, access a token, from among the plurality of tokens, representing a digital share of the asset;

split the share price of the digital share into a split share price;

create a plurality of new digital shares of the real asset, each new digital share representing part of the digital share;

fractionalize the token into a plurality of other tokens, each other token representing a new digital share, from among the plurality of shares, and having a fiat currency value of the split share price; and

automatically and electronically track, in a digitally updatable capitalization table, a parent-to-child relationship between the digital share as a parent share and each of the plurality of new digital shares as a corresponding child share, including for each new digital share in the plurality of new digital shares, incorporate metadata into the new digital share tying the new digital share back to the digital share; and

perform a buy/sell transaction for a portion of the asset at an Alternative Trading System (ATS) exchange based on split share price, including:

electronically transfer at least one other token, from among the plurality of other tokens, to an ATS exchange managed digital wallet of a new investor in the asset; and

update the digitally updatable capitalization table indicating the new investor has invested in the real asset.

12. The system of claim 11 , wherein instructions, which, when executed, cause the one or more processors to incorporate metadata into the new digital compromise instructions, which, when executed, cause the one or more processors to persist a serial number in the new digital share.

13. The system of claim 1 , further comprising instructions, which, when executed, cause the one or more processors to automatically deepen the guardrail share pricing suggestion capabilities of the continuous learning model based on the electronically ingested capitalization table data and identified denominator.

14. The system of claim 11 , further comprising instructions, which, when executed, cause the one or more processors to:

utilize the continuous learning model automatically including:

suggest a guardrail share pricing range based on the plurality of pricing factors and defining a minimum asset split share price and a maximum asset split share price; and

identify a denominator within the guardrail share pricing range representing the split share price.

15. The system of claim 11 , wherein the instructions, which, when executed, cause the one or more processors to electronically ingest capitalization data defining capitalization of an asset comprise the instructions, which, when executed, cause the one or more processors to ingest capitalization data defining capitalization of an asset, the asset selected from among: gold, real estate, oil, a franchise investment, uranium, timber, private credit, or private debt.

16. The system of claim 11 , wherein the instructions, which, when executed, cause the one or more processors to electronically ingest capitalization data defining capitalization of an asset comprises ingesting the capitalization data from another system via an API; and

further comprising instructions, which, when executed, cause the one or more processors to:

map the capitalization data into an Alternative Trading System (ATS) exchange usable format;

return the plurality of tokens via the API to the other system in a format desired by a recipient; and

return the plurality of other tokens via the API to the other system in the format desired by the recipient.

17. The system of claim 11 , wherein instructions, which, when executed, cause the one or more processors to electronically ingest capitalization data defining capitalization of an asset comprise instructions, which, when executed, cause the one or more processors to ingest capitalization data defining capitalization of an asset, the asset selected from among: gold, real estate, oil, a franchise investment, uranium, timber, private credit, or private debt.

18. The system of claim 11 , wherein instructions, which, when executed, cause the one or more processors to electronically ingest capitalization data defining capitalization of an asset comprise to instructions, which, when executed, cause the one or more processors to ingest the capitalization data from another system via an API.

19. The system of claim 18 , further comprising instructions, which, when executed, cause the one or more processors to:

map the capitalization data into an ATS exchange usable format; and

return the plurality of tokens via the API to the other system in a format desired by a recipient.

20. The system of claim 11 , wherein instructions, which, when executed, cause the one or more processors to identify a denominator within the guardrail share pricing range and representing the share price comprises instructions, which, when executed, cause the one or more processors to:

access an asset owner preference for a share pricing priority; and

identify the denominator in accordance with the share pricing priority.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 19, 2025
From: PATTON, DAMIEN; GRATTON, CHRISTIAN
To: TRETE INC.
Reel/Frame 070262/0414 →
Continuity (13)
Continuation 18616173 · Mar 26, 2024
Provisional Application 63615145 · Dec 27, 2023
Provisional Application 63615136 · Dec 27, 2023
Provisional Application 63615128 · Dec 27, 2023
Provisional Application 63615108 · Dec 27, 2023
Provisional Application 63600381 · Nov 17, 2023
Provisional Application 63596471 · Nov 6, 2023
Provisional Application 63515337 · Jul 24, 2023
Provisional Application 63509266 · Jun 20, 2023
Provisional Application 63509264 · Jun 20, 2023
Provisional Application 63509261 · Jun 20, 2023
Provisional Application 63509257 · Jun 20, 2023
Provisional Application 63454622 · Mar 24, 2023
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US 12,288,260