NUVA, a new Ethereum-based marketplace backed by Animoca Brands and developed by Nuva Labs, has launched to connect approximately $19 billion in tokenized real-world assets to decentralized finance (DeFi). These assets originate from the Provenance blockchain ecosystem and include private credit and Treasury-linked products associated with Figure Technologies Solutions. NUVA aims to provide retail investors access to institutional-grade assets traditionally limited to accredited investors.
The platform debuts with two flagship products: nvYLDS, a Treasury-linked yield vault tied to Figure's SEC-regulated stablecoin YLDS, and nvPRIME, a token linked to Figure's $18.4 billion portfolio of home equity lines of credit (HELOCs). NUVA allows users to deposit stablecoins into vaults, receiving ERC-20 tokens representing ownership in the underlying assets, which can be traded or used as collateral across Ethereum-based DeFi protocols. CEO Anthony Moro emphasized the platform's goal to offer a unified global distribution layer for blockchain-native financial assets, moving beyond traditional financial networks.
Animoca-Backed NUVA Launches $19B Tokenized Asset Marketplace on Ethereum
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