Animoca Brands and ProvLabs Partner to Launch NUVA Vault Marketplace

Animoca Brands has joined forces with Provenance Blockchain Labs (ProvLabs) to create NUVA, a new vault marketplace designed to connect real-world asset (RWA) issuers with global investors. The platform, set to launch in Q4 2025, aims to bridge traditional finance and Web3 by making institutional-grade assets more widely accessible.

Good to know

• NUVA will operate as a chain-agnostic marketplace with curated vaults for different yield and risk profiles.
• Initial offerings will include assets from Figure Technologies — YLDS and HELOCs.
• A NUVA governance and rewards token is planned for launch alongside the platform.

NUVA will allow both retail and institutional investors, as well as Web3 foundations and treasuries, to permissionlessly access a range of vault products. Asset issuers can onboard their products to NUVA, bringing them on-chain and gaining exposure to a wider, international investor base.

The platform will be built on Provenance Blockchain, which already supports more than US$15.7 billion in total value locked from RWA assets. At launch, NUVA will feature two vault types backed by Figure Technologies:

1. YLDS — the first SEC-registered yielding stablecoin security.
2. HELOCs — fixed-interest home equity loans from Figure Lending LLC, the largest non-bank HELOC lender in the U.S., with over US$16 billion funded to date.

Strategic Roles and Industry Outlook

Per the partnership agreement, ProvLabs will lead product and infrastructure development, while Animoca Brands will leverage its Web3 network, tokenomics expertise, and institutional connections to drive adoption, listings, and community engagement. NUVA will also launch a governance token to align platform participants through voting rights, staking rewards, and additional utilities.

Yat Siu, co-founder and executive chairman of Animoca Brands, explained the broader vision: “Tokenized RWAs, which are projected to be worth up to $30 trillion by 2030, today are fragmented across chains and marketplaces, limiting their reach and impact. Together with NUVA, we want to make institutional-quality assets radically more accessible across a unified, multi-chain ecosystem, while setting the stage for a new era of user-owned financial networks. This is an important leap toward a more inclusive, on-chain financial system.”

Anthony Moro, CEO of ProvLabs, called the deal “the partnership the RWA industry has been waiting for,” highlighting how the combined strengths of Animoca Brands’ Web3 community and Provenance Blockchain’s RWA ledger will “power the next generation of financial innovation to unimaginable heights.”

Mike Cagney, executive chairman of Figure Technologies, welcomed NUVA’s decision to feature YLDS and HELOCs from day one, noting the move “leverages the unique capabilities of the Provenance Blockchain” and supports growth in decentralized finance.