Hong Kong-based Web3 firm Animoca Brands announced Monday that it has entered into a memorandum of understanding (MOU) with Rayls, a blockchain ecosystem to bridge traditional finance with decentralized finance, for a strategic partnership focused on the tokenization of real-world assets (RWAs).

Animoca Brands said in a statement that the partnership will leverage Animoca Brands’ extensive network to spearhead the origination of RWAs by identifying asset classes and issuers for tokenization on Rayls infrastructure.

Animoca Brands will further support the structuring of the economic, technical, privacy, and utility parameters for the tokenization of such RWAs.

NUVA, a unified and chain-agnostic vault marketplace, is expected to be used as a distributor of Rayls-tokenized RWAs.

Rayls will provide NUVA with assets, technology or services to enhance yields, liquidity, and investor engagement.

Rayls will supply the core institutional settlement and privacy infrastructure to NUVA.

To support NUVA’s distribution of Rayls-tokenized RWAs, Rayls will also make available to NUVA cross-chain bridge solutions, the necessary technical interfaces, and settlement workflows.

“Now more than ever, institutional adoption is increasingly important to provide stability and reliability within crypto,

“With Animoca Brands’ reach, Rayls can enable more widespread adoption of RWAs and pioneer new sectors for tokenization,” said Marcos Viriato, Co-founder and Chief Executive Officer of Parfin, the core developer of Rayls.

Evan Auyang, Group President of Animoca Brands, said the partnership with Rayls unlocks a seamless pipeline for tokenizing trillions in real-world assets globally.

“By fusing Rayls’ institutional-grade settlement and privacy rails with Animoca Brands’ vast ecosystem and NUVA’s chain-agnostic vaults, we’re forging the future infrastructure for institutional DeFi’s next era in driving yields, liquidity, and true global access,” he added.

Animoca Brands receives in-principle approval from ADGM’s FSRA