Verzuz has been acquired by Triller's parent company, Triller Network.
Swizz Beats and Timbaland will join the Triller Verzuz management team and serve as brand visionaries.
The deal sees Swizz and Timbaland as large shareholders in the Triller Network.
They will also allocate a portion of their equity in the Triller Verzuz combined company to 43 artists who have already participated in Verzuz.