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Nuva Labs provides blockchain infrastructure technology solutions that enable real-world assets to be deployed at scale with enterprise grade APIs and SaaS solutions. Nuva Labs' professional and software services are built specifically for the Provenance Blockchain, a public Layer 1 blockchain network.

RWA Technology Solutions

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RWA platform Nuva Digital closes $5.2M seed round led by Morgan Creek Digital

According to The Block, Nuva Digital has completed a $5.2 million seed funding round, led by Morgan Creek Digital with participation from Ulu Ventures. The round was closed in a single tranche and marks the company’s first external funding. Nuva Digital was jointly incubated by Animoca Brands and Nuva Labs (formerly Provenance Blockchain Labs) and is building Nuva Finance, a real-world asset (RWA) yield platform. The financing structure consists of a priced equity seed round accompanied by token purchase warrants; the valuation was not disclosed.

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RWA platform Nuva Digital closes $5.2M seed round led by Morgan Creek Digital

According to The Block, Nuva Digital has completed a $5.2 million seed funding round, led by Morgan Creek Digital with participation from Ulu Ventures. The round was closed in a single tranche and marks the company’s first external funding. Nuva Digital was jointly incubated by Animoca Brands and Nuva Labs (formerly Provenance Blockchain Labs) and is building Nuva Finance, a real-world asset (RWA) yield platform. The financing structure consists of a priced equity seed round accompanied by token purchase warrants; the valuation was not disclosed.