NUVA Digital, co-created by Animoca Brands Corporation Ltd (Unlisted (AU):AB1) and Nuva Labs, has raised US$5.2 million in a seed funding round led by Morgan Creek Digital to accelerate development of its real-world asset (RWA) marketplace NUVA.
NUVA is a non-custodial distribution platform providing users with access to institutional-grade RWA vaults.
The platform enables users to deposit stablecoins and mint liquid, composable tokens that generate yield, while using on-chain proof of reserves to support transparency.
Funding will be used to expand NUVA’s curated vault marketplace, add issuer integrations, support multi-chain deployments, develop institutional tooling and prepare for the launch of the NUVA utility token.
The company said the raise marked a step in NUVA’s transition from early development toward scaling total value locked and user adoption in the tokenised RWA sector.
Animoca Brands co-founder and executive chairman Yat Siu said tokenised RWAs represented “one of the most important opportunities in finance”, with potential to unlock liquidity and access to institutional-quality assets.
“NUVA’s marketplace model solves the fragmentation problem by creating a simple, unified experience where anyone can access top-tier RWA vaults,” Siu said.
NUVA Digital CEO Anthony Moro said the seed round validated demand for a neutral, operator-only platform offering vaults from leading curators and asset managers without adding custody or origination risk.
“The new funding will accelerate our roadmap to deliver a superior user experience, broader issuer participation, and powerful composability for NUVA vaulted assets across DeFi,” Moro said.
NUVA Digital is the software development company behind NUVA and is focused on developing and growing the NUVA ecosystem.