Animoca-backed NUVA Launches Figure's $19B Tokenized RWAs on Ethereum

Animoca-backed NUVA launched on Ethereum today, tokenizing and distributing Figure Technologies’ $19 billion of real-world assets as ERC-20 vault tokens for DeFi use. The platform, developed with Nuva Labs, debuted flagship products nvYLDS—a Treasury-linked yield vault tied to Figure’s SEC-regulated YLDS stablecoin ($500M supply)—and nvPRIME, backed by an $18.4 billion HELOC portfolio yielding over 7%. Bridging assets from Provenance blockchain, NUVA enables trading, lending, and collateralization, potentially boosting Ethereum liquidity and institutional RWA adoption amid $12B+ onchain totals (Ethereum 60%).