Summary
- Animoca Brands and Hangfeng Technology Innovation announced that they have signed an MOU to build a real-world asset (RWA) ecosystem.
- The two companies said they will promote expansion of RWA issuance and distribution, including establishing dedicated vaults on the NUVA (NUVA) platform collateralized by Hangfeng's real assets.
- NUVA said it aims, as an on-chain vault marketplace, to target RWA issuance to institutional investors and strengthen linkages with digital assets.
Animoca Brands announced on the 21st that it had signed a strategic memorandum of understanding (MOU) with Hong Kong's Hangfeng Technology Innovation to build a real-world asset (RWA) ecosystem.
Hangfeng will provide corporate advisory and asset management capabilities, and Animoca will provide the on-chain vault marketplace 'NUVA' to promote RWA issuance and distribution.
Specifically, the two companies are considering establishing dedicated vaults on the NUVA platform collateralized by Hangfeng's real assets. Based on this, they plan to expand RWA issuance for institutional investors and support customers' access to NUVA's infrastructure. They will also carry out projects to improve market understanding, such as jointly producing educational content and research.
This collaboration is part of Animoca Brands' plan to launch NUVA, aiming to be an integrated marketplace that handles assets from various issuers on-chain. NUVA will play a role in strengthening the connection between the RWA and digital asset ecosystems.
Evan Ouyang, group president of Animoca Brands, said, "We will connect Hangfeng's institutional-grade assets and NUVA's on-chain infrastructure to build a more comprehensive on-chain financial system."
Uk Jin
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