Animoca launches NUVA marketplace to unify ‘fragmented’ RWA sector

Built with Provenance Blockchain, NUVA offers institutional-grade tokenized assets like stablecoin securities and HELOCs.

Web3 company Animoca Brands has launched a new marketplace for investors to access tokenized real-world assets (RWAs), fixing what its CEO calls a “fragmented” tokenization marketplace at a time of growing institutional interest in the technology.

The new platform, called NUVA, was developed in partnership with ProvLabs, the organization behind the Provenance Blockchain, according to a joint announcement on Thursday.

The NUVA marketplace will leverage Provenance Blockchain’s existing ecosystem of RWAs, which currently holds assets valued at approximately $15.7 billion.

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