Animoca Brands collaborates with ProvLabs to launch NUVA tokenized real asset trading platform

Golden Finance reports that Animoca Brands and Provence Blockchain Labs have announced a partnership to jointly develop NUVA, a trading market aimed at connecting real-world asset issuers and investors through an on chain platform. NUVA will be built on the Provence blockchain, which already has over $15.7 billion in tokenized assets and is scheduled to go live in the fourth quarter of 2025. The trading platform will provide selected vaults from asset issuers, each with different return strategies and risk characteristics. Investors including retail investors, institutional investors, Web3 foundations, and treasury management institutions can access investment products without requiring permission to access them. The first batch of products will include nuYLDS and nuHELOCs vaults supported by Figure Technologies assets. YLDS is a yield based stablecoin security registered with the US Securities and Exchange Commission (SEC), while HELOCs are fixed rate home equity loans issued by Figure Lending LLC, which has issued over $16 billion in loans to date.