Tilia

It is reported that Tilia, the payment platform of the Yuan Universe, has completed a strategic financing with the participation of J.P. Morgan Payments and Dunamu, the operator of the Upbit of the Korean Cryptocurrency Exchange. Since its spin-off from the founder LindenLab in 2022, Tilia has raised a total of US $22 million. Tilia, a payment platform of the yuan universe, won strategic financing from J.P. Morgan Payments Analysis based on this information:Tilia, a payment platform for the Yuan Universe, has announced that it has successfully raised US $22 million in strategic financing. The funding was led by J.P. Morgan Payments and Dunamu, the operator of Upbit, one of the largest cryptocurrency exchanges in South Korea. The Yuan Universe is a virtual economy that operates within the Second Life platform. It is estimated to have an annual GDP of over US $600 million, with millions of users worldwide using the platform for e-commerce, online gaming, and social networking. Tilia,…