Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum
The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries.
The connection of tokenized assets to Ethereum is likely to increase demand for ETH as it enhances its utility in DeFi markets. Prices may experience upward momentum as investors react positively to the integration of real-world assets.
The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries.
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