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Tokenized RWAs, Explained

Tokenized real-world assets (RWAs) are blockchain-based tokens representing traditional assets like mortgages, bonds, or funds, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi), unlocking trillions in value with 24/7/365 global liquidity and instant settlement that drastically cuts costs and intermediaries.

Tokenized RWAs solve three major pain points that traditional finance and native crypto have never fully addressed - all at once:

  1. Higher, stable yields: Tokenized RWAs like private credit, loans and Treasuries routinely deliver 4–10% annualized returns without the volatility of crypto.

  2. True portfolio diversification: Tokenized RWAs often have low correlation to both equities and crypto. Their value and yield is derived from the performance of the underlying traditional asset. Native crypto assets, in contrast, derive value from supply and demand, network usage, speculation, and/or staking rewards.

  3. Better access to institutional-grade assets: Tokenization removes barriers like high minimum investments and onerous onboarding, making institutional-grade opportunities available to everyone.

The NUVA Marketplace

NUVA is a chain-agnostic marketplace providing permissionless exposure to institutional-grade real-world assets (RWAs) from leading issuers through blockchain-powered vaults, empowering users with tokens that are liquid and composable.

  • NUVA users can access a curated selection of tokenized TradFi and DeFi opportunities from leading managers across multiple chains. Built-in tools simplify education, research, due diligence, portfolio construction, and reporting.

  • Issuers can use NUVA marketplace to access an entirely new global distribution channel. They can bring their own tokenized assets to the platform or use NUVA's industry-leading Vaults-as-a-Service product built natively on the Provenance Blockchain.

nvYLDS

nvYLDS offers continuous compounding yield and is backed by YLDS: the first U.S. SEC-registered, yield-bearing stablecoin.

nvPRIME [coming soon]

nvPRIME offers exposure to Home Equity Lines of Credit (HELOCs) originated by Figure Technology Solutions (Nasdaq: FIGR).

  • Est. APY: 8.0%

NUVA’s Innovative Structure

NUVA combines the latest blockchain technology with rapidly evolving regulatory compliant structures to deliver a better user experience. Although characteristics vary by asset, they generally include:

  • Simple, permissionless access: Just visit NUVA.finance, select an asset and deposit USDC to get exposure. With permissionless access, no token staking, no yield claiming - you don’t need an engineering degree to use NUVA.

  • Effortless constantly compounding yield: Continuous compounding yield maximizes interest payments, opening up entirely new forms of collateral from structured payments to repo transactions.

  • Multi-chain and composable: NUVA is native to the most popular networks and launches on Ethereum. nvAsset tokens will also trade on multiple decentralized exchanges (DEXs) and can be used with third-party DeFi partners to lever, loop and strip.

  • Liquidity with no minimums: Each vault has different liquidity and withdrawal characteristics that depend on the underlying assets, and are specified on the vault’s page. Fast withdrawals and DEX liquidity are standard.

  • 100% on-chain proof of reserve: Manage risk with a clear view of each vault's underlying assets which are digitally native and ownership perfected on the Provenance Blockchain.

  • Immutable, self-custodial and efficient: Smart contracts that are managed according to pre-programmed rules that cannot be changed and are audited with regulatory compliance and operational excellence at their core. Users always have full ownership and control of their tokens.

  • Earn NUVA points / tokens: NUVA users own the NUVA network and can receive NUVA points for early participation. Soon, NUVA points will convert to tokens that can be staked for increased yield. See NUVA tokenomics for more information.

The NUVA Token

The NUVA token serves as the economic backbone of the NUVA ecosystem—scalable, capital-efficient, community-owned financial infrastructure that offers an alternative to centralized exchanges and stablecoins. User incentives are tightly aligned, ensuring rapid ecosystem scaling and sustainable decentralization. We expect the NUVA token to be listed on leading crypto exchanges in 2026. Highlights include: 

  • Real Revenue Sharing: Many DeFi protocols keep all the profit for themselves. NUVA is different in that it distributes some of its net revenue to staked NUVA token holders. Revenue sharing provides tangible yield—especially valuable when the user base is smaller—and incentivizes staking, which reduces float and strengthens token demand. NUVA splits net revenue between staking rewards and buybacks, balancing yield generation, price support, and ecosystem alignment.

  • Strong Governance: NUVA token holders control the platform's future, including new vault proposals, treasury management, collateral acceptance, reward/buyback ratios, fee adjustments, and more.

  • Dynamic Token Emissions: As the protocol grows, NUVA becomes increasingly scarce. The emission rate of NUVA points relative to total TVL decreases with new deposits, boosting its intrinsic value over time.

  • Community-Focused Distribution: The majority of NUVA tokens will be distributed to the community. Ecosystem incentives reward real users, issuers, liquidity providers, and others for facilitating the adoption and growth of the protocol's products.

Developers and Partners

The NUVA protocol is supported by the NUVA Foundation, a Cayman Islands exempted limited guarantee foundation company that serves as the cornerstone for long-term project development, governance, and treasury management. The Foundation operates with a robust governance structure designed for regulatory compliance and operational excellence. Its board of directors brings relevant industry expertise and oversees critical services.

The NUVA Foundation is following a carefully structured path toward progressive decentralization, aligned with community interests and regulatory expectations around safety, soundness, and accountability. This journey will be transparent, deliberate, and inclusive—designed to ensure stability during early stages while gradually expanding community governance as the network matures.

Nuva Digital

NUVA Foundation leverages support from Nuva Digital, a collaboration by Animoca Brands and Nuva Labs, to perform certain operational and developmental functions in support of NUVA's mission to unlock access to high-quality RWAs.

Animoca Brands

Animoca Brands Corporation Limited is a global digital assets leader building blockchain and tokenized assets to advance the future of Web3 innovation. It has received broad industry and market recognition including Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, Financial Times’ High Growth Companies Asia-Pacific, and Deloitte Tech Fast. Animoca Brands is recognized for building digital asset platforms such as the Moca Network, Open Campus, and The Sandbox, as well as institutional grade assets; providing digital asset services to help Web3 companies launch and grow; and investing in frontier Web3 technology, with a portfolio of over 600 companies and altcoin assets.

Role in NUVA: Developer and investor

  • Strategic ecosystem partnerships

  • Significant Web3 distribution and marketing expertise

  • Credibility with the Web3 community

Nuva Labs

NUVA Labs, formerly known as Provenance Blockchain Labs, is a premier developer and integration partner for leading digital asset issuers. Nuva Labs provides a comprehensive suite of blockchain infrastructure that enables the large-scale tokenization, management, and distribution of real-world assets across several popular blockchain networks, including Provenance Blockchain, one of the world's largest public Layer 1 blockchain network, which boasts over $20 billion in real-world assets total value locked (TVL) as of January 2026. To learn more, visit NuvaLabs.com, and follow Nuva Labs on X and LinkedIn.

Role in NUVA: Developer and investor

  • Extensive TradFi and DeFi capital markets expertise

  • Core infrastructure development and smart contract architecture

  • Integration with Provenance Blockchain ensuring that NUVA is built with best practices.

Figure Technology Solutions

Figure Technology Solutions (NASDAQ: FIGR) is a fintech powerhouse revolutionizing consumer lending and capital markets through blockchain technology. Co-founded in 2018 by fintech pioneer Mike Cagney (former SoFi CEO) and June Ou, the company positions itself as a blockchain-native capital marketplace that seamlessly integrates loan origination, funding, secondary trading, and tokenized asset management. Its mission: Democratize access to credit and digital assets by replacing legacy financial systems with efficient, programmable blockchain infrastructure.

Figure has rapidly scaled into America's #1 non-bank HELOC lender, originating over $19B in loans as of December 2025. Figure also manages the Democratized Prime platform for originating, servicing, and managing tokenized credit products. This platform enables the creation and management of HELOC-backed loans that power the nvPRIME vault. View Figure’s latest SEC filings.

Role in NUVA: Underlying asset issuer

Provenance Blockchain

Provenance Blockchain, one of the world's largest Layer 1 as measured by RWAs, with more than $20 billion in total value locked (TVL) as of January 2026, is uniquely positioned to serve compliant, scalable, and efficient decentralized finance. With its modular Cosmos-based architecture and native compliance tooling, Provenance offers a proven, secure, purpose-built foundation for the next wave of real-world asset tokenization.

In 2025, NUVA expanded Provenance Blockchain’s capabilities by contributing an innovative Vault Module that brought unique capabilities to the ecosystem, including the ability to distribute automatic continuous compounding interest without cumbersome manual periodic staking or claiming.

As the NUVA Marketplace grows, Provenance’s ecosystem will benefit from increased total value locked (TVL), transaction volume, and $HASH fees.

Role in NUVA: Layer I blockchain network for certain underlying assets

Partner Criteria

NUVA partners with industry-leading organizations that share these characteristics:

  • Compliant: They comply with regulations in their operating jurisdictions and demonstrate commitment to legal requirements.

  • Transparent: They provide transparent reporting of holdings and performance with assets that are verifiable on-chain.

  • Safe: They maintain proper custody and asset handling practices with regular audits to verify security. They use documented risk frameworks to identify, monitor, and mitigate risks.