NUVA Launches on Ethereum, Offering Institutional RWA Vaults Backed by $17.4B Figure Assets

NUVA, an institutional-grade real-world asset marketplace co-created by Animoca Brands and Nuva Labs, launched on the Ethereum Mainnet on May 14 as a non-custodial platform enabling access to tokenized institutional RWAs via ERC-20 standards. The platform introduced two initial vault products: nvYLDS, backed by U.S. SEC-registered Treasury securities and bank deposits, and nvPRIME, offering exposure to Figure Technologies' $17.4 billion pool of prime home equity line of credit (HELOC) assets.

As part of a strategic partnership with Hastra, a protocol supported by Figure Technologies Solutions, NUVA will serve as the primary distribution channel for Hastra's PRIME product on Ethereum, enabling holders to convert standard PRIME tokens for DeFi composability.