Home Metaverse Tilia spins off, gets minority investment from JP Morgan to make metaverse payouts

Tilia spins off, gets minority investment from JP Morgan to make metaverse payouts

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Tilia spins off, gets minority investment from JP Morgan to make metaverse payouts

Source: venturebeat.com

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Tilia, the all-in-one payments platform powered by Second Life, has been spun off from Linden Lab and raised a minority investment from JP Morgan Payments.

The plan is to enable metaverse payments for all businesses that need financial services for their virtual economies. Tilia will now be her own company, independent of Linden Lab, the owner of Second Life, the virtual world that debuted in 2003.

“They invested in us and built a really great partnership,” said Brad Oberwager, CEO of Tilia. “We are like the spearhead of the metaverse. they are a good…

Read More at venturebeat.com