Linden Lab Is Now Under New Ownership

Daniel Voyager

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…

View original post 200 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s