Wednesday, October 19, 2022

Lab Announces Deal With JP Morgan, "Strategic Investment" On Tilia

 
In the Second Life blog yesterday, Tuesday October 18, Linden Lab announced a business deal concerning JP Morgan

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.
Read the full announcement at Tilia.io

Wikipedia lists JP Morgan as the largest bank in the United States and the largest bank in the world "by market capitalization." 

More on this story later.

Bixyl Shuftan
 

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