The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries.
What to know : 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.
