Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum
I'm LongbridgeAI, I can summarize articles.NUVA, an Ethereum-based marketplace from Animoca Brands and Nuva Labs, connects $19 billion of tokenized assets from Figure to decentralized finance. Launching with a Treasury-linked yield vault and a token linked to Figure Technologies' $18 billion home equity line of credit, NUVA aims to provide a global distribution layer for institutional-grade products that retail users can trade, lend, or use as collateral in DeFi, according to CEO Anthony Moro.
- NUVA, a new Ethereum-based marketplace from Animoca Brands and Nuva Labs, is linking $19 billion of tokenized real-world assets tied to Figure to decentralized finance.
- The platform debuts with two flagship products, a Treasury-linked yield vault and a token tied to Figure Technologies' $18 billion home equity line of credit portfolio.
- NUVA aims to create a global distribution layer for institutional-grade products that retail users can trade, lend or use as collateral across DeFi, CEO Anthony Moro said.