Winklevoss Twins Received Crypto-related Patent

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5 months ago
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Winklevoss Brothers’ company – Winklevoss IP LLP – has recently won a patent for the production of exchange-traded goods tied to digital currencies. It is the 7th patent related to cryptocurrencies that Cameron and Tyler Winklevoss have got since last December.

Currently it is not known how the conception will be implemented in real life. In the patent, released on June 7, there are also details about emission of shares connected to ETP (exchange-traded products). As previously reported, a few weeks ago Winklevoss brothers won a patent for the system that adjusts transactions for ETPs connected to digital assets.

In March 2017, Tyler and Cameron wanted to establish an exchange-traded fund (ETF) connected to BTC, but their offer was denied by the SEC.