Tilia Announces Investment From J.P Morgan


Linden Lab made an official announcement on Tuesday 18th October about Tilia managing to secure a new strategic investment from J.P Morgan Payments to help “further enhance Tilia’s current capabilities throughout its processing platform including providing increased payment and payout methods, expanding pay-out currencies and support services”

“Virtual economies represent a huge financial opportunity particularly for game, app and virtual world developers,” said Brad Oberwager, Executive Chairman of Tilia LLC.“

See below for the full blog announcement on the via the official Second Life blog.

We’re excited to share with the Second Life community some news about Tilia LLC, the all-in-one payments platform that powers the metaverse. Tilia was originally built and continues to support the Second Life economy.Tilia today announced that it has secured a new strategic investment from J.P. Morgan Payments. In addition to the investment, Tilia is also working with J.P. Morgan Payments to further enhance Tilia’s current capabilities throughout its processing platform including providing increased payment and payout methods, expanding pay-out currencies and support services.

What do you think about this new investment?

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