Animoca, Nuva launch token backed by U.S. HELOC exposure

RWA marketplace Nuva, founded by Web3 investor Animoca Brands and RWA yield platform Nuva Labs, has launched HOME, a token based on U.S. home equity lines of credit, CoinDesk reported. HOME offers indirect investment exposure to a portfolio of mortgage loan receivables handled by Figure Technology Solutions, and eligible non-U.S. investors can participate with as little as 1 USDC. Users in some jurisdictions, including the U.S., UK, Hong Kong, and China, are excluded from investing.