Black Lake and Nuva Labs Mint $25 Million in Mortgage Loans on Provenance Blockchain
In a significant move towards real-world asset tokenization, Black Lake and Nuva Labs have successfully minted $25 million in mortgage loans on the Provenance Blockchain.
Editorial Staff
1 min read
Updated 7 days ago
On June 24, 2026, Black Lake and Nuva Labs announced the completion of the onchain minting of mortgage loans valued at $25 million.
This initiative marks a notable step in the push for tokenization of real-world assets, utilizing the Provenance Blockchain.
The development highlights the growing intersection of traditional finance and blockchain technology, as firms explore innovative ways to digitize assets.