RWA yield platform Nuva, co-incubated by Animoca, raises $5.2 million in seed funding
The Block
Nuva Digital has raised $5.2 million in seed funding to develop its self-custodial real-world asset (RWA) yield platform, Nuva Finance.Summary
Nuva Digital, co-incubated by Animoca Brands and Nuva Labs, has secured $5.2 million in its first external seed funding round led by Morgan Creek Digital. The company is developing Nuva Finance, a self-custodial platform that allows users to earn yield through vaults holding tokenized real-world assets. The platform aims to disrupt traditional alternative asset models by providing direct connections between issuers and users, with plans to eventually incorporate a utility token.
(Source：The Block)