Highlights:
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The first ever digitally native tokenized Home Equity Investment (HEI), built by Vesta Equity, made bilaterally between a California homeowner and an investor.
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A landmark $100,000 transaction on the Provenance blockchain used $YLDS, a yield-generating stablecoin to transfer value and eliminate cash drag.
Vesta Equity, an innovator in digital real estate investing, today announced the successful execution of the first-ever on-chain, legally perfected, digitally native Home Equity Investing (HEI) on a permissionless public blockchain. The $100,000 transaction on the Provenance blockchain, conducted between a California owner and an investor, was completed entirely on-chain in collaboration with NUVA Labs using ‘$YLDS, the first and only SEC-registered yield stablecoin issued by Figure Certificate Company, a wholly owned subsidiary of Figure Technology Solutions, Inc. (NASDAQ: FIGR)(“Figure”).
This revolutionary HEI, held securely in a blockchain wallet via digital custody, provides the owner with debt-free liquidity and gives the investor direct exposure to a rapidly appreciating real estate asset. This achievement proves Vesta Equity’s vision to deploy its fully digital Financial Operating System for Real Estate Assets (VEFOSTM) integrating onboarding, underwriting, financing, management, settlement, compliance, liquidity, leverage and yield.
A new era for home equity financing
Vesta Equity’s on-chain AlphaHEITM marks a new option in how residential real estate wealth can be accessed and traded. “We have proven that your home equity can be transformed into a fully programmable asset born on-chain, without banks or middlemen,” said Michael Carpentier, CEO and co-founder of Vesta Equity. “This represents a visionary shift towards a fully direct and disintermediate ecosystem. By leveraging blockchain and smart contracts, we are creating a world where pooled real estate equity can be funded more efficiently through traditional securitizations while also integrating with DeFi applications – from vaults to staking and more – giving people a much wider range of options for wealth generation through real-world composable digital assets.
Industry Leaders Embrace the On-Chain Ecosystem
This feat was made possible through close collaboration with NUVA Labs, the leading SaaS and API developer supporting Provenance Blockchain, a Layer 1 public blockchain purpose-built for financial services, currently securing over $18 billion in real-world tokenized assets. Anthony Moro, CEO of NUVA Labs, highlighted the benefits demonstrated in this HEI execution: “Vesta Equity’s native end-to-end digital platform demonstrates how frictionless a home equity transaction can become when purpose-built for blockchain. By leveraging Provenance’s scalable, immutable ledger and NUVA Labs’ API-driven services, this $100,000 HEI was executed with speed, transparency and security that traditional processes can’t match. Seeing an entirely new asset class come to life on-chain and that’s exactly what Provenance was built for. It’s extremely rewarding to partner with Vesta Equity to bring this vision to life, and we’re excited to help evolve these capabilities.
Vesta Equity’s HEI was the first third-party transaction to use $YLDS. June Ou, co-founder and director of the Provenance Blockchain Foundation, highlighted how Vesta’s innovation strengthens the use of $YLDS and the broader Provenance network: “Bringing home equity investing on-chain generates new TVL and transaction activity, boosting the utility of HASH, the network’s native token. Figure has built its infrastructure stack to support exactly these types of high-value real asset transactions, and Vesta’s adoption of these tools is a testament to how far the Provenance ecosystem has progressed.”
Todd Stevens, Figure’s Chief Capital Officer, added: “We are pleased to see Vesta Equity adopt $YLDS as the settlement currency for this transaction. By settling a legally perfected, fully on-chain home equity investment, they demonstrate how real-world assets can connect directly to DeFi infrastructure while complying with institutional and regulatory standards. security with 24/7 on-chain settlement, $YLDS is well-suited to power these types of transactions, and we are seeing growing adoption across the ecosystem.
Facilitating the future of finance and wealth creation
This first on-chain HEI is a model for the future of financial services and democratized wealth creation. By proving that a cornerstone of personal wealth – home equity – can be tokenized and traded on-chain, Vesta Equity is forging a new path in how value is exchanged. The transaction demonstrates how blockchain technology improves transparency, liquidity and efficiency in a traditionally illiquid market. Home equity investments can complement options such as loans or mortgages or provide an alternative to those who do not qualify or no longer wish to rely on credit, while investors can diversify into home equity in a flexible and direct way.
As blockchain and finance continue to converge, the lines between traditional finance and decentralized finance are blurring. The success of Vesta’s fully digital HEI hints at a future in which real-world assets (RWA) are as programmable and accessible as digital cash or tokens, and where wealth creation opportunities are open to a wider range of participants than ever before.
Media Contact:
Michel Carpentier
(email protected)
About Vesta Equity
Vesta Equity builds the financial operating system for real estate assets. Through its native blockchain platform, VEFOS™, Vesta Equity enables the digital origination, underwriting, tokenization, management, financing and trading of real estate-backed financial assets, transforming equity in real estate and other traditionally illiquid assets into programmable, data-driven, institutionally compliant digital assets. The platform orchestrates on-chain capital flows, custody, management, yield and liquidity across traditional financial markets and decentralized finance (DeFi).
Vesta Equity’s first digital asset, AlphaHEI™, is a blockchain-native home equity investment that allows homeowners access to liquidity without incurring debt or monthly payments, while providing investors with direct exposure to residential real estate appreciation. Designed to be born on-chain, AlphaHEI™ is legally perfected, composable and interoperable with traditional securitization structures and DeFi applications, establishing a new foundation for how real estate equity can be accessed, financed and traded.
About NUVA Laboratories
NUVA Labs offers digital asset issuers a full lifecycle of blockchain infrastructure support that enables tokenization, management and distribution of real-world assets at scale. From structuring consulting, APIs, and mission-critical SaaS services to broad, multi-chain Web3 distribution through Vault marketplaces like NUVA, NUVA Labs is perfectly positioned to help bring billions of dollars of assets on-chain. NUVA Labs is the lead developer and integration partner of Provenance Blockchain, the world’s largest public Layer 1 blockchain network with over $18 billion in total value locked (TVL) real assets. Learn more at NUVALabs.com.
About Figure Technology Solutions, Inc.
Figure Technology Solutions, Inc. (Nasdaq: FIGR) is a Provenance Blockchain-native capital marketplace that seamlessly connects origination, financing, and secondary market activity. More than 200 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have generated more than $19 billion in home equity to date, among other products, making Figure’s ecosystem the largest non-bank provider of home equity financing. The fastest-growing components are Figure Connect, its consumer credit marketplace, and Democratized Prime, Figure’s on-chain lending marketplace. Figure’s ecosystem also includes DART (Digital Asset Registry Technology) for asset custody and lien perfection, and $YLDS, an SEC-registered yield stablecoin issued by a tokenized par value certificate company, which is a type of registered investment company.
Figure is the market leader in real-world asset (RWA) tokenization and its most recent securitization received a AAA rating from S&P, the first of its kind for blockchain finance. For more information, visit or follow Figure on LinkedIn.
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