NUVA connects 19 billion dollars in assets to Ethereum DeFi

NUVA is an Ethereum marketplace platform launched by Animoca Brands and Nuva Labs, connecting $19 billion worth of tokenized real-world assets related to Figure to decentralized finance. The platform is introducing two products: a yield vault tied to government bonds and a tokenized portfolio of $18 billion in home equity lines of credit from Figure Technologies. CEO Anthony Moro stated that NUVA aims to create a global distribution layer for institutional-grade products, enabling retail users to trade, borrow, or use them as collateral in DeFi.