Former BNY exec launches NUVA, bets tokenization will remake Wall Street
CoinDesk·
60-second summary
Former BNY executive launches NUVA, a platform tokenizing nearly $19 billion in real-world assets from Figure Technologies, aiming to bring regulated U.S. yield products into DeFi. This move is expected to disrupt traditional finance, as NUVA seeks to capitalize on the growing demand for decentralized finance offerings, potentially reshaping Wall Street's investment landscape.
NUVA launched this week with nearly $19 billion in tokenized real-world assets from Figure Technologies, aiming to bring regulated U.S. yield products into DeFi.