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Datavault AI Gets USPTO Patent Allowance for Tokenized Dividend System Targeting Naked Short Selling

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Datavault AI (DVLT) said Wednesday the US Patent and Trademark Office issued a Notice of Allowance covering all 24 claims in its patent application for a blockchain-based system designed to detect and mitigate naked and excessive short selling through tokenized dividend distributions.

The company said the allowed claims cover digital dividend token issuance, shareholder verification and settlement reconciliation to identify undelivered or synthetic share positions.

Datavault said the technology could create licensing opportunities for exchanges, broker-dealers, custodians, transfer agents and issuers as blockchain adoption in capital markets expands.

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