Background
Ocean Tomo was engaged to analyze a major cryptocurrency exchange’s patent portfolio from two perspectives: 1) value in-use by the company, and 2) value as part of a licensing and monetization campaign. Our work was performed to support the Company’s internal IP management and transaction planning processes.
The patents protected technology across the crypto and blockchain ecosystem, including: transaction processing, digital assets, fiat-to-crypto asset transactions, graphical user interfaces (mobile and web-based), transaction clearing, displaying market prices, custody and lending solutions, and non-fungible tokens (NFTs).
Ocean Tomo worked collaboratively with the Company to map the patent portfolio to the Company’s related technology and product offerings. This mapping formed the basis of our valuation of the patents in-use. Additionally, Ocean Tomo worked with the Company to identify potential licensees and infringers of the patents in order to quantify the potential value of a future monetization campaign.
Engagement
Ocean Tomo’s role as valuation advisor on this engagement included an assessment of both value in-use as well as the licensing value of the Company’s patent portfolio related to various aspects of the cryptocurrency and blockchain ecosystems. The results of our analysis offered the Company comprehensive understanding of the value of its portfolio as it carried out its internal IP management and transaction planning processes.
Results
Based on our analysis, the Company was successfully able to execute on its planned transaction related to key patents within its crypto IP portfolio.