sur Network-1 Technologies, Inc. (NASDAQ:NTIP)
Network-1 Subsidiary Receives New Patent from U.S. Patent Office Expanding Its HFT Patent Portfolio to Include 10 Issued U.S. Patents
Network-1 Technologies, Inc. (NYSE American: NTIP) announced that its subsidiary, HFT Solutions, LLC, has been granted U.S. Patent No. 12,107,587. This patent, focused on Field Programmable Gate Array with Internal Phase-Locked Loop, is part of its high frequency trading (HFT) portfolio.
Acquired in March 2022, the HFT patent portfolio now comprises ten U.S. patents and three pending applications. These technologies enhance trading systems' performance by reducing transaction latency, critical in high frequency trading where speed is paramount.
The HFT Patent Portfolio is anticipated to provide advantages until 2040, with potential for further issuances. This latest addition underscores Network-1's commitment to expanding and monetizing its intellectual property assets.
R. E.
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