Odaily Planet Daily reported that BNB Chain on-chain data showed that Isfayram Hydropower Station RWA recently completed US$1 million in on-chain financing. The on-chain circulating market value of the related token IHP exceeded US$10 million, and the price of the IHP token rose by 261.33% within 24 hours.

IHP was funded through PicWe, an on-chain RWA infrastructure project for the Binance NB (BNB) blockchain, primarily through a public offering. According to the PicWe website, IHP investors receive an annualized return of 20%.

According to local Kyrgyz news reports, the hydropower station has completed its first phase of construction, with the first units already operational. The funds raised through the RWA will be used for the construction and operation of Phases 2 through 5 of the hydropower station.

IHP has been listed for trading on PicWe DEX, and adopts the Bonding Curve and Treasury Floor Price method to implement an automatic protection mechanism for RWA's decline, ensuring the interests of RWA investors.