Robo.ai, a Nasdaq-listed technology company, has signed a strategic Memorandum of Understanding (MOU) with Zand Bank PJSC, the first fully digital bank in the Middle East. This partnership will integrate Robo.ai's intelligent hardware ecosystem with Zand Bank's regulated digital financial system, focusing on cooperation in AED (Dirham) stablecoin payments, IoT asset custody, and Real-World Asset (RWA) tokenization to address payment and compliance challenges within the emerging "Machine Economy."
Robo.ai and Zand Bank form a strategic partnership for the Machine Economy.
The collaboration integrates AED stablecoin payments into Robo.ai's IoT devices.
It enables automatic machine-to-machine (M2M) transaction settlement.
Zand Bank will provide institution-grade digital asset custody for smart devices.
The partnership will tokenize real-world assets like smart vehicles and eVTOLs.
It aims to support Dubai's 2050 Net Zero Carbon target through ESG data financialization.
The collaboration is designed to embed Zand Bank's financial infrastructure directly into Robo.ai's hardware terminals. This integration will enable several key commercial applications, including the deep integration of Zand Bank's AED stablecoin into IoT devices to allow for split-second automatic settlement for both Human-to-Machine (H2M) and Machine-to-Machine (M2M) interactions, significantly enhancing transactional efficiency.
The partnership focuses on four primary areas. For digital asset custody, Zand Bank's institution-grade compliant custody wallets will provide secure private key storage and on-chain identity authentication for intelligent terminals. In Real-World Asset Tokenization (RWA), physical assets like smart vehicles and logistics equipment will be converted into standardized on-chain fractional shares to support financing and enhance liquidity. The collaboration will also generate auditable on-chain ESG reports from IoT sensor data to support sustainability goals.
Michael Chan, Chief Executive Officer of Zand Bank, stated: "As a pioneering force in the digital economy, Zand Bank is dedicated to building the next generation of financial infrastructure for the Machine Economy. Our partnership with Robo.ai will extend the reach of the AED stablecoin into a vast ecosystem of AI‑driven smart devices, enabling seamless, automated transactions between humans and machines. Together, we aim to transform the way intelligent devices interact, transact, and generate economic value — bringing to life the vision of 'Code as Payment, Data as Value'."
Benjamin Zhai, Chief Executive Officer of Robo.ai, stated: "The Machine Economy is the core of next-generation infrastructure... In this context, the partnership with Zand Bank will further accelerate the deep integration of smart devices and intelligent assets, providing stable, compliant, and highly scalable infrastructure for automated settlement, asset tokenization, and IoT data financialization. Simultaneously, Zand Bank's institution-grade custodial services and AED stablecoin will serve as a critical compliance bridge for us to unlock core international markets such as the Middle East, Africa, and South Asia."
This partnership represents a significant step in merging physical intelligent devices with regulated digital finance to create a new infrastructure for automated economic activity.
About Zand
Licensed by the Central Bank of the UAE and rated BBB+ investment grade by Fitch Ratings, Zand is an AI-powered bank founded to support the digital economy and bridge the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi). Our mission is to revolutionize the world of finance by leveraging AI, Blockchain Technology, and client-centric solutions to empower corporate, institutional, fintech, and wealth clients to thrive in the evolving digital economy. Our purpose is to empower innovators, ambitious leaders, and bold pioneers to shape the future of finance and unlock new opportunities for success. Zand combines the speed and flexibility of a fintech, with the security and strength of a fully licensed bank. Zand, the AI-powered bank for the digital economy. For more information, please visit www.zand.ae.
About Robo.ai Inc.
Robo.ai Inc. (Nasdaq: AIIO) is a technology company focused on building a global AI robotics network platform. Its mission is to integrate intelligent terminals, develop a unified AI operating system, and establish a smart contract-enabled ecosystem to drive the intelligent era. Robo.ai aims to transform into a decentralized AI asset platform, connecting all AI terminals and enabling the next wave of asset tokenization and the Internet of Things.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.