PANews reported on April 29th that Nuva Digital , an RWA yield platform , has completed a $5.2 million seed funding round led by Morgan Creek Digital, with participation from Ulu Ventures and others. The funds will be used to build its RWA yield platform , Nuva Finance . Nuva, co-incubated by Animoca Brands and Nuva Labs, positions itself as a self-custodied RWA marketplace connecting asset issuers and users . Users depositing USDC will receive nvAsset tokens representing their share , with yields reflected in the token price. The initial offerings will include nuYLDS and nuHELOCs products based on Figure Technologies' on-chain assets , corresponding to the SEC -registered yield-generating stablecoin YLDS and over $16 billion in home equity loan assets, respectively. Nuva also plans to issue a NUVA utility token in the future; specific launch dates for the platform and tokens have not yet been disclosed.
