NEW YORK and PARIS, Jan. 23, 2019 /PRNewswire/ -- Templum Markets, LLC, a registered primary issuance and secondary trading platform for smart securities, and IPwe, Inc., the world's first global patent transaction platform, announce the launch of their patent finance market for Fortune Global 500 and small to medium sized enterprises (SMEs). Together, Templum Markets and IPwe are creating an entirely new financing framework, enabling companies to efficiently finance their patented intellectual property, turning the hundreds of billions of dollars invested in obtaining and maintaining patents into a financeable asset class.
These patent finance offerings will appeal to credit funds, family offices and other qualified investors who are familiar with IP as well as those who are interested in exploring this non-correlated asset as an investment opportunity. For corporate finance executives evaluating equity, debt and hybrid finance opportunities, these offerings provide a new way to unlock value at attractive terms on an underutilized segment of the balance sheet.
IPwe laid the initial groundwork for this entirely new asset class by developing the artificial intelligence and Hyperledger-based tools needed to identify, research, maintain and transact in patents. Now, through the digital securitization of IPwe's sponsored patent portfolios, Templum Markets is providing investors an additional entry point to this asset class.
Each offering will be conducted as a private placement and the securities issued will be assigned unique S&P CUSIP numbers. These securities will trade on Templum Market's ATS once applicable SEC resale safe harbor provisions have been satisfied. This ongoing series of issuances will be offered exclusively to qualified institutional and accredited investors at www.templummarkets.com.
"This partnership marks a turning point for the vastly untapped value of patents," said Vince Molinari, CEO of Templum Markets. "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."
"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," said Erich Spangenberg, CEO of IPwe. "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."
Templum Markets and IPwe anticipate their first patent-based financings will be brought to market in Q1 2019.
Templum Markets and IPwe are hosting a series of events in New York, London, San Francisco and Shanghai over the course of 2019. If you are interested in attending, contact Danielle York at [email protected].
About Templum Markets
Templum Markets provides a regulated private issuance and trading platform for smart securities. Delivering many industry firsts and playing an active role with global authorities to modernize securities laws and develop industry best practices, Templum Markets is transforming the efficiency of the financial markets. Templum Markets, LLC is a wholly owned subsidiary of Templum, Inc. and a broker-dealer registered with the U.S. Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Templum Markets is the operator of an Alternative Trading System (ATS) for the secondary trading of digitized assets that are securities. For more, visit templuminc.com.
IPwe is leveraging the power of AI and Hyperledger to offer a fully automated transaction platform for patent analysis, transactions and related services. IPwe is the place to obtain information, transact and interact for the patent ecosystem. For more information, visit ipwe.com.