Animoca Brands alongside Provenance Blockchain Labs has announced the launch of a new tokenized asset marketplace called NUVA, set to debut in the fourth quarter of 2025.
Announcement of NUVA Tokenized Asset Marketplace
Animoca Brands and ProvLabs announced the creation of NUVA, a tokenized asset marketplace that will connect asset issuers with investors. The platform will be built on Provenance Blockchain and will offer a unified set of vaults from top issuers in the ecosystem.
Future Market Projections for RWAs
The market for tokenized real-world assets is expected to expand to $30 trillion by 2030. However, according to Yat Siu, co-founder and executive chairman of Animoca Brands, the current market is fragmented, limiting its potential.
Initial Support for NUVA
NUVA will initially support two vaults: one for the yield stablecoin YLDS and another for fixed interest rate home equity loans. These vaults will be backed by Figure Technologies and are expected to launch in Q4 2025.
NUVA could represent a significant step towards making institutional-quality assets more accessible, opening new opportunities for investors and advancing the market for tokenized assets in the future.
