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NUVA launches Ethereum RWA market access, Figure: $19 billion in assets
Techub News reports that, according to CoinDesk, NUVA, supported by Animoca Brands, has launched an Ethereum-based RWA marketplace, connecting approximately $19 billion in tokenized assets from Figure Technologies to DeFi. The platform initially released two products: a yield vault linked to government bonds, nvYLDS, and a token tied to an $18.4 billion home equity loan portfolio, nvPRIME. The platform aims to create a global distribution layer for institutional-grade products, enabling retail users to trade, lend, or use them as collateral within DeFi. Nuva Labs CEO Anthony Moro stated that the goal is to build a unified market for blockchain-native financial assets, allowing users to access institutional-grade assets in a composable format.