RWA (Real World Assets) has been hyped up endlessly, but no one talks about the most painful issue—the on-chain asset prices, who actually determines them?

It sounds like a philosophical question, but in reality, it's a technical challenge that could blow up the entire ecosystem.

Imagine you use tokenized U.S. Treasuries as collateral to borrow a large amount of USDT. U.S. Treasuries sound extremely stable, but where does the on-chain displayed price come from? If this price data is manipulated or consistently delayed, your collateral valuation could collapse in minutes, leading to a chain reaction of liquidations. Traditional DeFi relies on oracles for price feeds, which often encounter issues. When dealing with bonds, real estate, private credit—assets with irregular trading frequencies and vastly different liquidity—the difficulty skyrockets exponentially.

That's why APRO is important—a decentralized pricing network tailored specifically for RWA. It's not just about dumping traditional financial APIs onto the chain; it's fundamentally about solving the problem of "who sets the asset prices and how to prove that these prices are trustworthy."

Its approach boils down to two key points: first, using multiple data sources for consensus validation, rather than relying all on a single price feed; second, building a verification mechanism that makes the source, process, and update logic of price data transparent and auditable. Only then can the on-chain valuation of RWA assets truly be credible.

What does this logic mean for the entire RWA ecosystem? It shifts the trust basis from "I trust this institution" to "I trust this verification process." This might be the most overlooked but most crucial link in the RWA track.