Metaverse payment platform Tilia received strategic financing from J.P. Morgan Payments, and the total financing amount after the split reached 22 million US dollars

According to TechCrunch, Metaverse payment platform Tilia has completed a strategic financing, with J.P. Morgan Payments, South Korean cryptocurrency exchange Upbit operator Dunamu and others participating. It brings Tilia’s total funding to $22 million since it spun off from creator Linden Lab in 2022. Tilia did not disclose the specific financing data. Tilia is working with J.P Morgan Payments to enhance the capabilities of its entire processing platform, including offering more payments and payment methods, expanding payment currencies and supporting services. Linden Lab officially launched Tilia in 2019. Tilia aims to make it easy for companies in the digital economy world (including the Metaverse) that need financial services to pay and transact with anyone in a regulated manner. Tilia's payment products are available standalone or as fully integrated end-to-end solutions.