Tilia has received return investment from JPMorgan and capital from new backer Dunamu
IN BREIF:
- Tilia is a Linden Labs spin off that is building a paymens platform for virtual economies
- Tilia has raised a total of $22m in funding to scale its platform for providing KYC-compliant micropayments and minted tokens
- Tilia has secured Catherine Porter from Meta as its first chief business officer
What does this mean?
Porter comments, “I’ve seen first-hand how difficult it is to build payments networks, even at the biggest global tech companies. I joined Tilia because it has the track record, the technology, and the regulatory expertise necessary to create a trusted and safe financial system for every online economy, and we have only scratched the surface of what’s possible.”
