What do you mean by RWA?

Could you elaborate on the acronym "RWA" and its significance in the world of cryptocurrency and finance? As a professional practitioner in this field, I'm curious to understand how this term is used and its potential implications for investors and market participants. Is it a metric used to assess risk? Or perhaps a specific type of asset or strategy? Clarifying this term would help me gain a deeper understanding of its relevance and application in our dynamic and ever-evolving industry.