Article

Article

Nov 26, 2025

Nov 26, 2025

Unlocking the $17B+ RWAs on Provenance Blockchain

Unlocking the $17B+ RWAs on Provenance Blockchain

Unlocking the $17B+ RWAs on Provenance Blockchain

TL;DR

  • Provenance Blockchain dominates RWAs: Provenance hosts $17 billion in live RWA (real-world asset) TVL (total value locked) and powers 75% of all tokenized private credit globally, making it the backbone of the legitimate on-chain real-world asset industry.

  • Purpose-built for institutional scale: Unlike other blockchains that retrofit smart contracts for RWAs, Provenance was designed from the ground up for regulatory compliance and institutional transaction volumes, hosting major players like Figure Technology Solutions (largest non-bank HELOC provider).

  • Massive growth projections: Traditional finance institutions project RWA tokenization will reach $16-24 trillion by 2030 and $30 trillion by 2034, with the wave already underway as regulations crystallize and real money flows on-chain.

  • Distribution bottleneck problem: Provenance's $17 billion in premium assets are trapped in institutional channels with minimal retail/DeFi access, while other blockchain RWAs remain fragmented across isolated platforms and protocols.

  • NUVA as the missing distribution layer: NUVA serves as the interface between Provenance's institutional-grade assets and global users, creating portable RWA positions that are composable, meaning they can be used across chains and DeFi protocols.

  • Bridging institutional and retail access: NUVA enables issuers to reach global user bases instantly while making institutional-grade RWAs accessible to retail and crypto natives, representing the "second wave" of RWA adoption after Provenance's institutional foundation.

Introduction

There's a blockchain out there that's been quietly building the largest real-world asset ecosystem in crypto, and chances are you've never heard of it. While everyone's been debating which Layer 1 will dominate the next bull run, Provenance Blockchain has been busy doing something far more valuable: actually moving real assets on-chain at institutional scale.

We're talking about $17 billion in live RWA TVL. Not vapor. Not pilot programs. Real money generating real returns, today.

Pulling the Curtain Back

When most people think about RWAs on-chain, they picture small pilot programs, digital twins, or experimental tokenizations. Provenance Blockchain is operating on a completely different level. This isn't a blockchain with RWA ambitions, it's the backbone of the entire tokenized RWA industry.

Consider this: 75% of all tokenized private credit globally runs on Provenance infrastructure. Since private credit represents 57% of all tokenized RWAs according to RWA.xyz, we're looking at a blockchain that essentially powers the majority of legitimate on-chain real-world assets. The ecosystem spans private credit, equity, insurance products, and much more.

Major players have built their entire operations on Provenance Blockchain - from blue chip institutions to leading innovative fintechs. The #1 non-bank U.S. HELOC (Home Equity Line of Credit) provider, Figure has built their business and marketplace on Provenance. infineo is scaling life insurance tokenization faster than any other asset class, all on Provenance. 

This isn’t a general purpose blockchain and the infrastructure wasn't retrofitted for RWAs; it was purpose-built for them. While other chains require smart contracts to be bolted on and lack an integrated and complete rail for financial services, Provenance was designed from the ground up to support the regulatory requirements and transaction volumes that institutional assets demand.

The $30 Trillion Wave Coming

Building great infrastructure is only half the battle. The other half is making that infrastructure accessible to the people who can actually benefit from it. Provenance hosts a wide variety of institutional quality RWAs, but they're mostly trapped in institutional distribution channels, with no way out.  

Provenance has historically supported institutional use cases with minimal retail or DeFi infrastructure. The result is a blockchain hosting $17 billion in RWAs that most crypto natives can't access, even when they want to.

The story isn’t too different in other blockchain ecosystems.  While they may have more DeFi protocols and retail users than Provenance, RWA access and liquidity remains fragmented across those isolated platforms. Each DeFi protocol operates their own distribution channel, creating dozens of separate pools. It's like having the world's best inventory scattered across warehouses that don't talk to each other.

Game-Changer

NUVA isn't building another RWA platform, NUVA is the missing distribution layer that unlocks RWAs across blockchains and DeFi protocols.

In terms of Provenance, think of NUVA as the interface between Provenance's institutional-grade asset ecosystem and the global user base that would like access to it, including crypto natives. NUVA marketplace aggregates opportunities from multiple issuers into a single platform where retail, crypto natives, and institutional players can discover, evaluate, and participate in RWAs without jumping through the traditional hoops.

The vault structure does something critical that direct asset ownership can't: it makes RWAs composable and permissionless, meaning assets that were previously locked to specific platforms become portable across chains and DeFi ecosystems. Users can use the same RWA position as collateral in DeFi, move it between yield strategies, or combine it with other assets in ways that weren't possible before.

For issuers, NUVA solves the distribution problem that's been limiting growth. Instead of building separate retail channels or trying to modify institutional platforms for broader audiences, they can plug into our marketplace and immediately access a global user base. It's the difference between selling through one exclusive dealership and getting nationwide distribution overnight.

What This Means for Everyone

The platforms that can successfully bridge institutional-grade assets with retail accessibility, while satisfying regulatory frameworks, will define the next phase of DeFi growth. This isn't about choosing between traditional finance and decentralized protocols, it's about building the infrastructure that makes that choice irrelevant.

Provenance has proven that RWAs can work at scale. NUVA is proving that they can be accessible at scale. Together, they’re unlocking an asset ecosystem, and making it available to everyone, everywhere.  

What happened on Provenance represented the first wave of legitimate RWA tokenization.  NUVA is the second wave opening up access. The $17 billion currently on-chain is just the foundation for the trillions projected, and coming to NUVA.