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Tassat Secures U.S. Patent for ‘Yield-in-Transit’ On-chain Settlement Technology
Yahoo Finance· 2025-12-09 18:28
Core Insights - Tassat Group, Inc. has secured a U.S. patent for its Yield-in-Transit (YIT) technology, enhancing programmable interest-bearing settlement infrastructure [1] - The YIT technology aims to modernize financial transaction systems for regulated institutions and supports Lynq in delivering integrated interest-bearing settlement [1][2] Group 1: Technology and Innovation - The YIT technology facilitates intraday accrual and distribution of on-chain interest, addressing challenges in high-velocity settlement environments [3] - By enabling interest distribution based on the duration assets are held, the YIT model eliminates ambiguity and inefficiencies associated with traditional settlement processes [3][5] - Tassat's patent validates its innovation in tokenization and real-time programmable settlement platforms, potentially transforming capital efficiency for digital asset institutions [4] Group 2: Market Impact and Applications - YIT ensures that liquidity remains productive throughout the settlement process, allowing on-chain assets to generate continuous returns [5] - The technology opens avenues for features like collateral pledging, delivery vs. payment, and stablecoin reserve management [6] - The real-time impact of YIT is being demonstrated within Lynq's institutional network, allowing users to accrue on-chain intraday interest and receive same-day distributions [6][7]
Tassat Wins U.S. Patent for 'Yield-in-Transit' Onchain Settlement Tech
Yahoo Finance· 2025-12-09 12:00
Core Insights - Tassat Group has received a U.S. patent for its "yield-in-transit" (YIT) technology, which allows continuous interest accrual during asset ownership changes in settlement processes [1][2] - The YIT technology is designed for high-velocity, always-on settlement environments, aiming to clarify yield distribution among market participants [1][2] - Tassat's CEO highlighted that YIT has significant implications for how institutional clients manage on-chain liquidity [2] Group 1 - The patented YIT technology enables clients to earn interest while assets are in transit during settlement, potentially enhancing capital efficiency [3] - Tassat's YIT is a foundational component of Lynq, a network launched in July 2025, in collaboration with various partners including Arca Labs and tZERO Group [3] - Over 50 institutions are currently onboarding to the Lynq network as the market for tokenized real-world assets, stablecoins, and cryptocurrencies continues to grow [4]