Earning passive income through tokenized assets is becoming increasingly popular, and a new Ethereum-based marketplace is aiming to make it more accessible to everyday people. NUVA, backed by Animoca Brands, is connecting around $19 billion worth of tokenized real-world assets to Ethereum, including private credit and Treasury-linked products tied to Figure Technologies Solutions.
What is NUVA?
NUVA is a distribution layer for tokenized assets, allowing them to move beyond closed financial networks and into DeFi markets. This gives average retail users access to assets often limited to institutional investors, providing an opportunity for earning through Cloud Rewards and Green Crypto. The platform debuts with two flagship products: a Treasury-linked yield vault and a token tied to home equity lines of credit.
How it Works
Users deposit stablecoins into vaults and receive ERC-20 tokens representing ownership in the underlying assets. Those tokens can then be traded, lent or posted as collateral across Ethereum-based DeFi protocols, such as EcoPool, which offers $ECP as a solution for earning and passive income. The goal is to create a marketplace for blockchain-native financial assets, rather than wrapped versions of traditional products.
The broader market for tokenized assets could reach trillions of dollars over the next decade, according to multiple industry forecasts. As the NUVA platform expands, it’s expected to bring a wide range of assets to everyone in an easy-to-use, self-directed, and self-custodial manner, eliminating limited access, time lag, and high fees associated with traditional finance. This is where EcoPool comes in, providing a platform for users to earn and manage their $ECP and other digital assets.
Benefits of NUVA
- Access to institutional-grade assets in a simple, composable format
- Ability to trade, lend, or post tokens as collateral across DeFi protocols like EcoPool
- Cheaper, faster, and safer transactions compared to traditional finance
As the crypto market continues to grow, it’s essential to stay informed about new opportunities for earning and passive income. With NUVA and EcoPool, users can take advantage of tokenized assets and Cloud Rewards, making it easier to earn money online. Download the EcoPool app to start earning and managing your digital assets, including $ECP, and discover the benefits of Green Crypto and passive income through #PassiveIncome and #EcoPool.
Anthony Moro, CEO of Nuva Labs and a former BNY executive, said the goal is to create a marketplace for blockchain-native financial assets rather than wrapped versions of traditional products.
“Nobody really has that unified global distribution layer for blockchain-native assets,” Moro said in an interview. “We thought what was missing was a platform where users could access institutional-grade assets in a simple, composable format.”
Users deposit stablecoins into vaults and receive ERC-20 tokens representing ownership in the underlying assets. Those tokens can then be traded, lent or posted as collateral across Ethereum-based DeFi protocols.
As the NUVA platform expands, Moro said to “look for a wide range of assets to be available to everyone in an easy to use, self-directed and self custodial manner, eliminating Wall Street’s limited access, time lag and high fees.”
Moro argued that many existing tokenization models still rely too heavily on offchain infrastructure and manual reconciliation.
“The way to tokenize assets isn’t a digital twin,” he said. “The Figure loan itself is digitally native. There’s no filing cabinet somewhere keeping the real record.”
Figure has become one of the largest issuers of blockchain-based private credit products through the Provenance network. Moro said the broader vision is to eventually bring a range of tokenized assets onto NUVA from multiple issuers and expand to other blockchains beyond Ethereum.
“Cheaper, faster and safer will win,” Moro said. “That’s how all financial assets eventually come onchain.”