Chainlink Becomes NUVA’s Sole Data Provider as HELOC-Backed nvPRIME Goes First
NUVA, a real-world asset marketplace co-created by Animoca Brands and Nuva Labs, has appointed Chainlink as its exclusive data infrastructure provider. The partnership aims to bring institutional real-world assets to decentralized finance, with the first asset, nvPRIME, offering exposure to short-term financing backed by U.S. residential housing loans and HELOCs. Chainlink's oracle network will provide the necessary on-chain data to value and price these assets as collateral within DeFi protocols.
EGamers.io
- Entities
- Chainlink
- Real-World Assets
- Figure Technology Solutions
- Tokenization
- Mike Cagney
- Anthony Moro
- Nuva Labs
- Decentralized Finance
- NUVA
- Animoca Brands
Original source
This article was reported and published by EGamers.io. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.