On Tuesday 5th January Linden Lab officially announced that the regulatory review has been completed. This means that Linden Lab is now is under new ownership. Things are “business as usual” apparently and I think many will be wondering what will happen next. Hopefully there will be more news throughout 2021 into 2022.
It’s good the lab have finally updated everyone after months of waiting for any news about the acquisition.
Here is the confirmation via the blog post about the review completion.
Another noteworthy development for the new year is that Linden Lab has new owners!
As announced in mid-2020, an investment group led by Randy Waterfield and Brad Oberwager signed an agreement to acquire the company subject to regulatory approval by financial regulators in the U.S. related to Tilia Inc.’s status as a licensed money transmitter as well as other customary closing conditions. We are pleased to…
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