sfayram Hydropower Station RWA completes $1 million on-chain financing, IHP market cap surpasses $10 million, 24-hour increase exceeds 261%

According to ChainCatcher, based on on-chain data from BNB Chain, the Isfayram Hydropower Plant RWA recently completed $1 million in on-chain financing, with the circulating market capitalization of the related token IHP surpassing $10 million. The price of the IHP token increased by 261.33% within 24 hours.

The IHP fundraising was completed through PicWe, a BNB Chain RWA infrastructure platform, with most of the funds coming from the public offering round. According to the PicWe website, the annualized return for IHP investors is 20%. The official website of the Isfayram Hydropower Plant in Kyrgyzstan shows that the first phase of construction has been completed and the initial batch of generating units has been put into operation. The funds raised through this RWA will be used for the construction and operation of phases two through five of the hydropower plant, which will significantly shorten the project construction cycle.

IHP has already been listed for trading on PicWe's dedicated RWA DEX. The RWA DEX adopts a Bonding Curve and Treasury Floor Price mechanism to provide an automatic downside protection mechanism for RWA, ensuring the interests of RWA investors. PicWe's pioneering IRO (Initial RWA Offering) model creates a closed loop between primary fundraising and secondary market trading for RWA, using smart contracts to reduce the risk of RWA project teams being "unable to deliver fixed returns," and building an on-chain RWA ecosystem that benefits enterprises, investors, and traders alike.