Animoca Brands and Nuva Labs have officially launched NUVA, an Ethereum-based marketplace designed to connect approximately $19 billion in tokenized real-world assets (RWAs) with decentralized finance (DeFi) liquidity. The platform integrates assets originated by Figure Technologies on the Provenance blockchain, bridging institutional-grade private credit and lending products into the Ethereum ecosystem.
The launch introduces two initial products. nvYLDS is a yield vault linked to YLDS, an SEC-regulated stablecoin from Figure with over $500 million in supply, offering money market-equivalent yields. nvPRIME is a token backed by Figure’s $18.4 billion home equity line of credit (HELOC) portfolio, yielding over 7% annually. Users deposit stablecoins to receive ERC-20 tokens representing their share, which can then be traded, lent, or used as collateral throughout DeFi.
Anthony Moro, CEO of Nuva Labs and former executive at BNY, emphasized the goal of creating a “global distribution layer” for institutional assets in a composable, on-chain format. The initiative marks a notable push by Animoca Brands into RWA infrastructure beyond its Web3 gaming focus, and highlights the growing trend of tokenization bridging traditional finance and crypto markets.
