Pruv Finance Raises $3 Million to Enable Real World Asset Tokenization

Pruv Finance has secured a pre-A funding round of $3 million, led by UOB Venture Management, to develop compliant infrastructure for the tokenization of real world assets (RWA). The investment aims to overcome liquidity and compliance hurdles, unlocking greater integration of RWA with DeFi. 93% of currently tokenized assets face transfer restrictions due to current market limitations, hindering their use in DeFi platforms. This funding will enable Pruv Finance to develop a solution addressing these limitations, paving the way for a $350 billion market potential.