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NEW BRUNSWICK, N.J. - Myseum, Inc. (NASDAQ:MYSE), whose stock has surged over 119% in the past year, announced Monday that the Israel Patent Office has granted patent no. 290546 for its "Systems and Methods of Transforming Electronic Content" invention.
The privacy-focused social media company, currently valued at $12 million, has expanded its patent coverage to four international markets this year, including Israel, Canada, Mexico, and Europe, according to a press release statement. InvestingPro analysis shows the company maintains a strong liquidity position with a current ratio of 8.98, indicating robust short-term financial health.
CEO Darin Myman said the patented technology forms the foundation of the company’s social sharing platform, including its upcoming Picture Party by Myseum product scheduled for worldwide launch this fall. Investors anticipating the launch impact can look forward to the company’s next earnings report, scheduled for November 13, 2025.
The Picture Party platform will allow users to share photos and videos with friends, family, and groups, emphasizing privacy and secure connections.
Myseum’s intellectual property portfolio now includes 18 issued patents and one Notice of Allowance, with several domestic and international patent applications under review.
The company, formerly known as DatChat Inc., offers a social sharing platform that provides features such as album creation, encrypted galleries with limited access, and personalized newsfeeds. The platform includes 50 GB of free storage, with additional storage available for purchase.
Myseum is currently available on iOS and Android, with a desktop version planned for later release.
In other recent news, Myseum, Inc. is preparing to launch its new social media platform, Picture Party by Myseum, which features proprietary encryption and privacy technology aimed at protecting users’ photos and videos from being collected by artificial intelligence training datasets. This development comes after the company rebranded from DatChat, Inc., with its stock now trading under the new symbols "MYSE" and "MYSEW" on Nasdaq as of August 2025. The rebranding aligns with Myseum’s strategic focus on its social media platform, emphasizing secure digital content management and storage. Additionally, Myseum has expanded its intellectual property portfolio with the granting of Canadian Patent No. 3,149,004 for its electronic content transformation technology. This patent complements the company’s existing U.S. patent and notices of allowance from Mexican and European patent offices. These recent developments reflect Myseum’s ongoing efforts to enhance privacy and security in social media.
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