Collaboration between Animoca Brands and ProvLabs for developing NUVA, a platform aimed at expediting the allocation of tokenized real-world assets (RWAs)
A groundbreaking partnership has been formed between Animoca Brands and Provenance Blockchain Labs (ProvLabs), with the joint goal of developing NUVA, a vault marketplace for tokenized real-world assets (RWAs). This collaboration is set to revolutionize the financial landscape, aiming to make institutional-quality assets more accessible across a unified, multi-chain ecosystem.
Bridging Traditional Finance with Blockchain Technology
The mission of NUVA is to create a unified, chain-agnostic marketplace for institutional-grade RWAs, such as private credit and real estate, thereby bridging the gap between traditional finance and blockchain technology.
A New Era of User-Owned Financial Networks
NUVA will issue a native governance token, enabling governance rights, staking rewards, and other utilities to align participant incentives in the ecosystem. This token will play a crucial role in fostering a decentralized, user-owned financial network.
Chain-Agnostic Yield Strategies
The platform will feature chain-agnostic yield strategies through vaults like nuYLDS and nuHELOCs, which are backed by SEC-regulated stablecoins and partners like Figure Technologies. These vaults will offer investors a diverse range of investment products, including fixed-interest rate home equity loans issued by Figure Lending LLC (HELOCs), and YLDS, the first U.S. SEC-registered yielding stablecoin security.
Robust Infrastructure and Scalability
ProvLabs brings Provenance Blockchain's infrastructure, currently supporting over $15.7 billion in total value locked (TVL), ensuring robustness and scalability for NUVA.
Web3 Ecosystem and Institutional Partnerships
Animoca Brands, with its extensive Web3 ecosystem and institutional contacts, will drive adoption and integration, contributing to tokenomics design and asset listing for NUVA. The company projects the RWA market to reach up to $30 trillion by 2030, as regulatory clarity and institutional interest pave the way for broader on-chain adoption of these assets.
In summary, this partnership combines ProvLabs' blockchain infrastructure and real-world asset expertise with Animoca Brands' Web3 ecosystem and market reach, aiming to drive financial innovation by democratizing access to tokenized real-world assets within a decentralized, multi-chain framework.
The strategic partnership is a significant step towards a more inclusive, on-chain financial system, and Anthony Moro, CEO of ProvLabs, describes it as the partnership the RWA industry has been waiting for. NUVA's launch is scheduled for Q4 2025, and it will allow investors, including retail investors, institutions, Web3 foundations, and treasuries, to access a wide range of investment products permissionlessly via the platform.
- Ffnews.com reports that the new NUVA platform, a joint venture between Animoca Brands and Provenance Blockchain Labs, aims to bridge the gap between traditional finance and blockchain technology by creating a unified, chain-agnostic marketplace for institutional-grade real-world assets such as real estate, thereby revolutionizing the finance and investing landscape.
- As part of the NUVA ecosystem, users will have the opportunity to stake the platform's native governance token, fostering a decentralized, user-owned financial network focused on technology, real-estate, finance, and investing.
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