Black Lake, Nuva Complete $25M Mortgage Tokenization on Provenance

Black Lake Digital Markets and Nuva Labs said they completed the first onchain minting and transfer of $25 million in institutional mortgage loans on Provenance Blockchain. The tranche is expected to seed a dedicated Black Lake vault on NUVA.finance in the coming month. Tokenized loans are pooled for management and deployed as collateral through NUVA's cross-chain vault infrastructure.
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