NUVA uses Chainlink for data infrastructure in DeFi

A new decentralized marketplace is attempting something that most of traditional finance has kept firmly behind velvet ropes: giving retail participants access to yield-bearing instruments backed by real residential real estate. NUVA launched on Ethereum on May 13, 2026, and it is leaning on Chainlink’s oracle infrastructure to make the whole thing work. The platform connects tokenized real-world assets from Figure Technologies’ Provenance Blockchain directly into DeFi markets, with two flagship products sitting on top of an asset base valued at roughly $19 billion. What NUVA actually is, and why the numbers are large NUVA was built by Animoca Brands alongside Nuva Labs and ProvLabs, combining Animoca’s Web3 distribution muscle with the institutional lending infrastructure that Figure Technologies, led by Mike Cagney, has assembled over the past several years. The first product, nvYLDS, is a yield vault tied to the YLDS stablecoin, which itself carries SEC registration and a circulating supply exceeding $500 million. The second product, nvPRIME, is backed by a home equity line of credit portfolio representing over $18 billion funded in residential housing, and it targets yields in ...