‘Patent Finance Market’
In a just announced development, Templum Markets has detailed a new partnership with IPwe. This alliance will see the formation of a new marketplace tailored towards both SMEs and Fortune 500 companies.
The goal of this move is to create a new framework, which will facilitate efficient financing of protected intellectual property. What this means is that accredited investors, from a variety of industries, will now gain access to a previously inaccessible asset class. Simply put, IPWe has developed the ability to value and assess issued patents, while Templum will facilitate the tokenization and trading of the intellectual property.
The CEOs of both IPWe and Templum Markets shared their sentiments on this newly formed partnership.
Erich Spangenberg, CEO of IPWe, stated
“By partnering with Templum Markets, we are able to offer companies a new opportunity to obtain financing based on the significant investments they’ve made into their IP and the strength of their patent portfolio…Today, a very high percentage of companies’ balance sheets are intangibles and we think there are incredible macro and micro benefits that extend from bringing liquidity to the patent asset class. When you think of patent finance opportunities as an owner or investor, we want you to think of Templum Markets and IPwe.”
Vincent Molinari, CEO of Templum Markets, stated,
“This partnership marks a turning point for the vastly untapped value of patents…We look forward to working with IPwe to offer investors the opportunity to access this non-correlated asset class, giving them an opportunity for efficient private market secondary liquidity. Combining our respective expertise, we are able to start building what we believe will become a substantial market opportunity.”
IPWe maintains headquarters in Paris, and was founded in 2017. The company represents the world’s first ‘global patent market’. The goal is to bring new levels of efficiency to a disjointed industry, through the implementation of new technologies, i.e. Blockchain and AI.
Company operations are spearheaded by CEO, Erich Spangenberg. In addition to a long history in the patent industry, Mr. Spangenberg is also a former corporate lawyer and investment banker.
IPWe has also recently had the distinction of being named one of the ‘Top 10 blockchain Start-ups’, by IBM.
Templum was founded in 2017, and is based out of New York City. Above all, Templum specializes in offering blockchain services tailored towards digital securities. This includes platforms for both secondary markets and initial fundraising efforts.
In Other News
Here at securities.io, we have had the pleasure of previously interviewing Erich Spangenberg. Check out the article below to learn more about IPWe and its role within the industry at large.