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.
- Entities
- Company: Chainlink
- Topic: Real-World Assets
- Company: Figure Technology Solutions
- Topic: Tokenization
- Person: Mike Cagney
- Person: Anthony Moro
- Company: Nuva Labs
- Topic: Decentralized Finance
- Company: NUVA
- Company: Animoca Brands
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