NUVA, the institutional-grade real-world asset (RWA) marketplace co-incubated by Animoca Brands and Nuva Labs, announced the launch of HOME (ticker: nvHOME), a yielding vault token backed by a portfolio of U.S. residential real estate–backed loans, including home equity lines of credit originated by Figure Technology Solutions (Nasdaq: FIGR) and origination partners. The underlying vault assets are managed by Figure Investment Advisors LLC, an SEC-registered investment advisor.
While traditional asset-backed securitizations and asset-backed credit funds require large minimums and multi-year capital lockups, HOME provides global users with access to the same high-quality underlying assets with no lockup, starting from as little as 1 USDC.
HOME targets a 7.00% net APY through a fixed policy rate that resets monthly, with yield accruing directly into the token’s value. The vault also includes a built-in first-loss equity tranche targeted at approximately 5% of vault cap, absorbing potential portfolio losses before they reach HOME holders.
HOME is a fully composable ERC-20 token that users can hold or deploy across DeFi strategies. It offers instant minting and no lockups, while withdrawals can be initiated 24/7, with processing typically within three U.S. business days. Secondary market liquidity on supported decentralized exchanges (DEXs) and broader DeFi integrations will follow shortly after launch.
The HOME vault launches with a portfolio of high-quality U.S. residential real estate-backed loans, consisting of:
- Home Equity Lines of Credit (HELOCs) loans to homeowners secured by their residential real estate.
- Debt Service Coverage Ratio (DSCR) loans to professional real estate investors secured by the investment property’s cash flow.
- Residential Transition Loans (RTL) to professional real estate investors used to purchase, renovate, or construct residential properties.
“For years, the highest-performing residential credit strategies were locked behind institutional walls and closed networks,” said Anthony Moro, CEO of Nuva Labs. “HOME delivers a diversified, professionally managed portfolio of natively onchain home loans available starting from just 1 USDC. This is precisely what we mean when we talk about democratizing access to institutional-grade assets.”
All underlying loans backing HOME are originated and recorded natively on the Provenance Blockchain, a public Layer 1 network with over $30 billion in real-world assets TVL as of September 28, 2026, providing 100% onchain proof of reserves, real-time lien tracking, and a level of asset-level transparency not found in traditional securitizations and asset-backed credit funds.
“Figure Connect brings loan originators and buyers onto shared rails, with loan-level data and automated validation on every loan,” said Mike Tannenbaum, CEO at Figure. “That’s what makes a product like HOME possible — a portfolio that historically existed only inside securitizations and institutional private credit funds, now visible down to the individual loan.”
To access HOME (ticker: nvHOME) or explore NUVA’s marketplace, visit nuva.finance.