The audit of Real World Assets (RWA) is a critical process to ensure that digital tokens are backed by physical assets.
or real financials. There isn't a single global entity that handles it all; the process usually involves a mix of players:
Traditional Audit Firms: The most recognized companies are the "Big Four" (Deloitte, PwC, EY, KPMG). They verify the financial statements of the issuing entity and confirm the existence and valuation of physical assets (real estate, bonds, precious metals). Their seal is the gold standard for institutional trust.