Many people still see RWA (Real World Assets on-chain) as a game for financial institutions, but the pace here in Asia is already different. Hong Kong listed company 1473 (Pangaea) is partnering with @veloprotocol to build an IoT (Internet of Things) based RWA tokenization system on the VELO ecosystem. In simple terms, it means making on-chain assets truly visible and tangible. The biggest problem with RWA in the past was trust. You didn't know if the assets were real, if the valuations were reliable, or where the funds were flowing. This time, Pangaea is directly integrating IoT data into the asset's underlying layer, such as temperature and humidity in warehouses, GPS locations, and the flow of goods. This data will be put on-chain, ensuring authenticity through the $VELO settlement layer + Chainlink verification. Looking at the financial logic: This time, Pangaea is not going it alone but is advancing together with the EVOLVE platform initiated by Thailand's Mile Green. Currently, EVOLVE has launched two RWA tokenization products: $EVPC (private credit): connecting real loan assets of small and medium-sized enterprises $EVMA (electric vehicle infrastructure + real estate portfolio) Backed by physical assets, the returns are linked to operational data in real-time. Pangaea provides IoT & data transparency support, while VELO / Lightnet is responsible for the payment settlement network. In the future, this framework will expand to multi-chain ecosystems like Solana, Ethereum, Avalanche, etc. The smartest part is: they didn't just copy the U.S. model of putting government bonds on-chain, but instead used IoT + blockchain to bring manufacturing, logistics, energy, and other Asian physical assets into Web3. In my view, Pangaea + VELO is not just about doing RWA, but about redefining trust. Using IoT to prove asset existence, using Chainlink to prove data reliability, and using $VELO to make fund flows more efficient. This is the RWA that can be implemented. #RWA #VELO