Tilia, a San Francisco, CA-based supplier of a funds platform for digital economies, raised $22M in funding.
The spherical was led by Dunamu and J.P. Morgan Funds.
The corporate intends to make use of the funds to additional scale its platform and tackle the rising market want for dynamic funds in on-line video games, creator platforms, social commerce and different digital social worlds.
Led by CEO Brad Oberwager and CBO Catherine Porter, Tilia is an all-in-one funds platform for digital economies. Its infrastructure powers user-generated content material transactions and microtransactions, permitting direct payouts to creators and their collaborators. It mints branded tokens which might be U.S. compliant and have a hard and fast conversion charge to fiat forex. The platform bridges the digital and bodily worlds, enabling KYC-compliant transactions whereas permitting customers to function below their on-line identities and avatars.
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