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Provenance Establishes Blockchain Development Company ProvLabs

Financial services app Provenance Blockchain has an RWA TVL of over $13 billion, and it also supports transactions of over $30 billion in areas such as lending and securitization. The company recently announced the formation of ProvLabs, a SaaS and blockchain development company, to provide Financial Institution Groups, service providers, platforms, and DeFi applications with the ability to operate on Provenance.