Patents by Inventor Diane MACFARLANE

Diane MACFARLANE has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Systems and methods for tokenizing money market fund shares for use as collateral or in other transactions
    Patent number: 12437273
    Abstract: Systems and methods for tokenizing money market fund shares for use as collateral or in other transactions are disclosed. Methods may tokenize money market fund shares and using the tokens collateral without having to redeem the shares from the underlying money market fund. This may bring velocity to trapped assets, such as money market fund shares, which traditionally bring many challenges and cannot be used as collateral. The money market fund shares may be encumbered in underlying collateral transfer agency ledgers through use of an account structure where the money market fund shares may be moved from an account of the money market fund shares holder, through a pass-through account, and then to a tokenization account. Once the money market fund shares are moved to the tokenization account, the collateral provider cannot unilaterally access the money market fund shares. This ensures encumbrance.
    Type: Grant
    Filed: December 7, 2021
    Date of Patent: October 7, 2025
    Assignee: JPMORGAN CHASE BANK, N.A.
    Inventors: Tyrone Lobban, Nikhil Sharma, Leonard Joseph Sutton, Lorraine Dunbar, Diane Macfarlane
  • SYSTEMS AND METHODS FOR TOKENIZING MONEY MARKET FUND SHARES FOR USE AS COLLATERAL OR IN OTHER TRANSACTIONS
    Publication number: 20220180331
    Abstract: Systems and methods for tokenizing money market fund shares for use as collateral or in other transactions are disclosed. Methods may tokenize money market fund shares and using the tokens collateral without having to redeem the shares from the underlying money market fund. This may bring velocity to trapped assets, such as money market fund shares, which traditionally bring many challenges and cannot be used as collateral. The money market fund shares may be encumbered in underlying collateral transfer agency ledgers through use of an account structure where the money market fund shares may be moved from an account of the money market fund shares holder, through a pass-through account, and then to a tokenization account. Once the money market fund shares are moved to the tokenization account, the collateral provider cannot unilaterally access the money market fund shares. This ensures encumbrance.
    Type: Application
    Filed: December 7, 2021
    Publication date: June 9, 2022
    Inventors: Tyrone LOBBAN, Nikhil SHARMA, Leonard Joseph SUTTON, Lorraine DUNBAR, Diane MACFARLANE