Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum
NUVA, backed by Animoca, brings $19 billion of tokenized assets to Ethereum, enabling DeFi access.Summary
NUVA, backed by Animoca Brands, is launching an Ethereum-based marketplace to connect $19 billion of tokenized real-world assets, including private credit and home equity lines of credit, with the DeFi sector. Led by Anthony Moro, a former BNY executive, the platform aims to provide a unified distribution layer for blockchain-native assets, allowing retail users to access institutional-grade products like the nvYLDS yield vault and the nvPRIME token. By enabling users to deposit stablecoins and receive ERC-20 tokens for trading, lending, or collateral, NUVA seeks to eliminate the limited access, high fees, and time lags associated with traditional finance. The initiative represents a significant step in tokenizing real-world assets, leveraging Figure Technologies' Provenance network to modernize financial products on the blockchain.
(Source：CoinDesk)