The listed company U Power issues RWA on the PicWe platform, promoting dynamic energy assets to enter the on-chain era

The Nasdaq-listed company U Power has passed the compliance process for RWA with the joint infrastructure platform PicWe (PicWe.org) and completed the issuance on the BNB chain (RWA name: UCAR).

As the global penetration rate of new energy continues to rise, the demand for high-frequency, stable, and rapid energy replenishment in the commercial vehicle sector is increasing. Battery swapping technology is widely used in scenarios such as taxis, logistics, and public transportation. U Power, with its proprietary UOTTA™ electric vehicle (EV) battery swapping technology, has maintained stable operating income for many years in China and Southeast Asia. Currently, U Power is establishing a new market in Southern Europe and expects to secure $50 million in financing from FTT Holding to promote its charging and swapping infrastructure business in Southern Europe.

U Power issues RWA based on the revenue rights of its charging and swapping stations as the underlying asset. Depending on the investment scale during the IRO (initial issuance phase of RWA), it will continuously inject no less than 16.75% annualized return funds into the UCAR pool. Under the premise of compliance, it ensures the rights of UCAR holders. The RWA DEX trading mechanism pioneered by PicWe empowers UCAR with a built-in downside protection mechanism, achieving a floor price that only rises through the Bonding Curve, ensuring stable returns for long-term investors while meeting the trading needs of short-term speculators.

The completion of the RWA issuance in collaboration with PicWe marks an important step for U Power in advancing its Web 3.0 strategy and expanding its battery token and battery pack business. U Power will continue to leverage its technological advantages to provide fast, low-cost, and environmentally friendly energy services to more regions globally while deeply laying out its Web 3.0 sector, becoming a pioneer in driving dynamic energy assets on-chain and achieving the integration of AI + technology + Web 3.0.

UCAR brings liquidity to dynamic energy assets for the first time, creating a new type of production relationship

"Coase published the paper 'The Nature of the Firm' in 1937. The production relationships constructed by modern enterprises have existed for less than a century."

A Vietnamese user invests $30 in the battery swapping station project in Southern Europe and earns continuous returns; this scenario would be a fantasy in the traditional financial system. Today, users can achieve this in seconds through RWA. There are no currency exchange or settlement costs involved, allowing participation in a global 24/7 financial system.

The issuance of RWA by a Nasdaq-listed company represents a fundamental shift in the organization, financing, and circulation of real-world assets in the digital age. IPOs provide liquidity for corporate assets, while RWA enables companies to build a value network for global users.

There has always been a significant regional disparity in global financial development. U.S. Treasury bonds, as the largest and most widely covered financial instrument globally, have developed for nearly 200 years, yet 80% of regions still face restrictions on purchasing them. The stock market remains a decentralized trading and investment system scattered across various countries, with account opening requirements limiting participation for most global users.

Figure: Purchase restrictions on U.S. Treasury bonds in various regions

The issuance of UCAR not only provides U Power with another channel for asset liquidity but also brings together users worldwide who are optimistic about the future development of the battery swapping business and share a consensus on dynamic energy assets, forming a complete value network system. This will inevitably create new production relationships through blockchain technology. Many of these users may have been excluded from the global financial system due to underdeveloped local financial systems in the past. Today, they may still lack bank accounts, but by holding UCAR, they can access high-yield, well-backed, large-scale world-class energy projects, participate in community building, propose feasible suggestions, and share in the profits generated by corporate growth.

The future value network empowered by UCAR can realize more RWA application scenarios

As the value of UCAR grows, the U Power ecosystem will give rise to more value exchange demands. Under local compliance requirements, RWA can facilitate the flow of value for dynamic energy assets in new scenarios, closely linking users with U Power's corporate value.

Innovative Scenario: New type of RWA charging and swapping prepaid card, turning users into shareholders instantly

In the past, charging and swapping prepaid cards could only be used for consumption, creating a one-way service relationship between users and swapping stations, without integrating into U Power's value network, limiting users' value to merely feedback on issues.

Through the on-chain automatic distribution of earnings from UCAR, users can share in the profits generated by the swapping stations and even the entire dynamic energy asset. With UCAR charging prepaid cards, a co-constructive, shared, and win-win relationship will emerge between users and swapping stations. In the near future, by establishing a U Power community that fosters Web 3.0 consensus, users will join the long-term construction of the U Power value system as if they were building their own homes.

Of course, it is believed that the construction of the UCAR community will co-create more interesting "Web 3.0 + dynamic energy" application scenarios.

Additionally, U Power's "Power + crypto" model is not limited to the issuance of RWA. Recently, U Power and the crypto fund FTT Holding plan to establish a joint venture, with the latter intending to invest up to $50 million to accelerate the expansion of the Southern European market.

In the future, energy companies will achieve the mutual flow of on-chain assets and real-world dynamic energy assets through Web 3.0 infrastructure, which is an inevitable trend in the development of the AI era. U Power, as an industry pioneer, has taken a crucial first step.