Robo.ai Partners with Zand Bank, the Middle East's First Fully Digital Bank, to Pioneer a New Paradigm in Machine Economy Fintech

Core Insights - Robo.ai has signed a strategic Memorandum of Understanding (MOU) with Zand Bank to integrate its intelligent hardware ecosystem with Zand Bank's digital financial system, focusing on AED stablecoin payments, IoT asset custody, and Real-World Asset (RWA) tokenization [1][2] Group 1: Partnership Objectives - The collaboration aims to address payment and compliance challenges within the "Machine Economy" by embedding Zand Bank's financial infrastructure into Robo.ai's hardware terminals [2] - The partnership will enable seamless, automated transactions between humans and machines, enhancing the economic value generated by intelligent devices [2] - Zand Bank's custodial services and AED stablecoin will facilitate compliance and access to international markets, including the Middle East, Africa, and South Asia [2] Group 2: Company Profiles - Zand Bank is the first fully digital bank in the Middle East, licensed by the Central Bank of the UAE, and rated BBB+ by Fitch Ratings, focusing on bridging Traditional Finance and Decentralized Finance [3] - Robo.ai is a technology company listed on Nasdaq, aiming to build a global AI robotics network platform and integrate intelligent terminals with a unified AI operating system [4] Group 3: Technological Innovations - The partnership will enhance transaction efficiency through automatic settlement for Human-to-Machine (H2M) and Machine-to-Machine (M2M) interactions by integrating Zand Bank's AED stablecoin into Robo.ai's IoT devices [4] - The collaboration will also focus on secure custody of digital assets and the tokenization of physical assets, improving liquidity and financing options [4] - Additionally, the partnership aims to generate auditable on-chain ESG reports to support Dubai's 2050 Net Zero Carbon emissions target [4]