Animoca Brands and ProvLabs to Co-Develop RWA Marketplace, NUVA

Web3 leader Animoca Brands has forged a strategic partnership with Provenance Blockchain Labs (ProvLabs) to develop NUVA, a chain-agnostic vault marketplace for tokenized real-world assets (RWA). The platform aims to bridge the gap between RWA issuers and a diverse investor base, from retail participants to institutional players.

Built on Provenance Blockchain, which currently hosts over $15.7 billion in RWA total value locked (TVL), NUVA will offer curated vaults with varying yield strategies and risk profiles. Initial offerings include nuYLDS, tied to the first SEC-registered yielding stablecoin security, and nuHELOCs, backed by high-quality home equity loans.

ProvLabs will oversee product development while Animoca Brands leverages its Web3 ecosystem to drive go-to-market strategy and tokenomics. The collaboration signals growing institutional interest in blockchain-based asset tokenization.