Animoca Brands partners with ProvLabs to create cross-chain insurance vault marketplace NUVA

BlockBeats News, August 7th, According to official sources, Animoca Brands and Provenance Blockchain Labs (ProvLabs) today announced a strategic partnership to jointly develop NUVA—a marketplace connecting Real-World Asset (RWA) issuers with investors.

NUVA will become a unified and cross-chain-compatible marketplace, where each marketplace will have a unique yield strategy and risk profile. Investors, including retail investors, institutions, Web3 foundations, and treasuries, will be able to access a variety of investment products through NUVA in a permissionless manner.