NUVA links $19B tokenized assets to Ethereum DeFi

Animoca-backed NUVA has launched an Ethereum-based marketplace connecting approximately $19 billion of tokenized real-world assets from Figure Technologies to decentralized finance (DeFi) protocols. The platform debuts with products linked to U.S. Treasuries and home equity lines of credit, aiming to provide retail users access to institutional-grade assets. NUVA's CEO, Anthony Moro, envisions a global distribution layer for blockchain-native financial products, moving beyond traditional finance's limitations. This initiative taps into the rapidly growing tokenized asset sector, potentially reaching trillions of dollars in the coming decade.