Animoca Brands launches NUVA, an RWAs marketplace, in partnership with ProvLabs

Key Points

1. NUVA is a tokenized RWA marketplace developed by Animoca Brands and ProvLabs, offering vault access to yield-bearing stablecoin YLDS and home equity lines of credit (HELOCs).

2. The platform will feature nuYLDS and nuHELOCs vaults, providing tokenized exposure to SEC-registered YLDS and a pool of high-quality home equity loans.

3. NUVA is built on Provenance Blockchain, which supports over $15.7 billion in tokenized real-world assets, ensuring regulatory compliance and security.

4. NUVA plans to launch its own utility token to power governance, staking, and transaction fees, aiming to enhance liquidity and adoption in the DeFi space.

5. The RWA market has grown by over 380% since 2022, with projections suggesting it could reach $30 trillion by 2030, driven by institutional interest and blockchain adoption.