● Why pre-IPO markets lack transparency
Private equity information is fragmented across term sheets, cap tables, board resolutions, registrar pages, and bank confirmations. These documents are rarely standardized and often require weeks of manual due diligence.
APRO RWA Oracle restructures this process by transforming unstructured equity documents into machine-readable cap-table facts.
● From documents to on-chain cap tables
Layer 1 extracts issuer identity, jurisdiction, share classes, authorized and issued shares, fully diluted counts, and holder positions. It also captures last-round pricing and valuation data. Every number is traceable back to its source document through anchors.
Layer 2 independently verifies these outputs through recomputation and registrar snapshot comparison. Majority agreement is required before finalization.
● What this unlocks
Once cap tables and valuations become verifiable on-chain objects, they can be used in lending, secondary trading, and tokenization. Counterparty risk is reduced, compliance becomes easier, and private market data becomes programmable without sacrificing evidence integrity.

