Animoca-backed NUVA names Chainlink exclusive data provider for institutional RWAs

NUVA is designed to make institutional assets such as Treasury products and home equity credit accessible beyond traditional financial networks.

NUVA, an Ethereum-based marketplace developed by Animoca Brands and Nuva Labs, is selecting Chainlink as its exclusive data infrastructure as the platform brings institutional real-world assets to decentralized finance.

Its first Chainlink-powered asset is nvPRIME, which represents exposure to short-term financing backed by residential housing loans, including US HELOCs.

NUVA aims to turn institutional tokenized assets into accessible, composable DeFi products on Ethereum. The marketplace provides a way for users to access assets that have historically been restricted to institutional or accredited investors.

Its launch products include a Treasury-linked vault tied to Figure’s YLDS stablecoin and a product backed by Figure’s home equity credit portfolio, allowing users to gain exposure through stablecoins and receive ERC-20 tokens that can be used across DeFi applications.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Its first Chainlink-powered asset is nvPRIME, which represents exposure to short-term financing backed by residential housing loans, including US HELOCs.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.