Could you please elaborate on the context behind your inquiry, "Is Propy a rwa?"? I assume you might be referencing Propy, a real estate technology company that utilizes blockchain technology. However, the acronym "rwa" is not immediately recognizable in the context of cryptocurrencies or finance. If you're referring to a specific regulatory status or classification, it would be helpful to clarify the full meaning or context of "rwa." In general, Propy provides blockchain-based solutions for the real estate industry, but without further context, it's difficult to determine the precise relevance of "rwa" to the company.