Provenance Blockchain
Provenance Blockchain, the world's largest Layer 1 as measured by RWAs, with more than $17 billion in total value locked (TVL), 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.
Provenance Blockchain (Whitepaper) distinguishes itself from other chains through three foundational pillars:
1. Next-generation financial protocols & digitally native on-chain assets
Innovative financial services: Provenance powers Figure and Figure Markets; groundbreaking on-chain protocols that provide lending, asset management, and a marketplace for the modern user. This includes DeFi-powered management of real-world assets, automated lending infrastructures, and a revolutionary cross-chain collateral protocol—allowing users to efficiently collateralize diverse assets (from real estate to crypto) for maximum capital efficiency.
Robust ecosystem integration: Beyond the figure ecosystem, Provenance is validated by participation from diverse sell-side banks (e.g., Goldman Sachs, Jefferies), multiple bank fiat rail partners (e.g., UMB, Lead), and a wide range of buy-side firms (e.g., Apollo, Bayview, Marathon), with over 140 third parties leveraging Figure’s mortgage technology.
2. Enterprise-ready architecture
Scalable, high-performance infrastructure: Built on a secure, proof-of-stake framework, Provenance delivers the high throughput and low fees critical for real-world financial operations. This infrastructure is engineered to support the rapid on-chain tokenization of real-world assets as the market scales.
Interoperability & data control: Acting as a data validation chain rather than a golden dataset, Provenance empowers users with control over their information. It also supports interoperability—bridging to other Layer 1 blockchains via Axelar—and integrates enterprise features such as roles, entitlements, and decentralized MPC custody. Additionally, innovations like DART ensure instant UCC security perfection on-chain.
3. Best-in-class security & operational integrity
Advanced custody & compliance: Provenance employs state-of-the-art security measures including decentralized multi-party computation (MPC) custody leveraging the Cosmos SDK, ensuring that assets are safeguarded at all times
Regularity & institutional confidence: With established Figure Markets transfer agents, lending and servicing licenses, and alignment with local and global security standards, Provenance meets the rigorous demands of institutional clients. This robust security framework fosters trust and positions the network as the premier chain in the RWA space.