Robo.ai Partners with Zand Bank to Pioneer a New Paradigm in Machine Economy Fintech
21 November 2025, Dubai, United Arab Emirates — Robo.ai (Nasdaq: AIIO), a Nasdaq-listed technology company, today announced the signing of a strategic Memorandum of Understanding (MOU) with Zand Bank PJSC ("Zand Bank"), the first fully digital bank in the Middle East. The two parties 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.
This collaboration aims to address payment and compliance pain points within the "Machine Economy." By embedding Zand Bank’s financial infrastructure into Robo.ai’s hardware terminals, the parties are committed to realizing the following specific commercial scenarios:
- Machine Payment Innovation: Deeply integrating Zand Bank’s AED stablecoin into Robo.ai’s IoT devices to enable split-second automatic settlement for Human-to-Machine (H2M) and Machine-to-Machine (M2M) interactions, significantly enhancing transaction efficiency.
- Digital Asset Secure Custody: Utilizing Zand Bank’s institution-grade compliant custody wallets to provide secure private key storage and on-chain identity authentication (KYC/AML) for intelligent terminals, ensuring asset security.
- Real-World Asset Tokenization (RWA): Converting physical assets such as smart vehicles, electric vertical takeoff and landing aircraft (eVTOL), and logistics equipment into standardized on-chain fractional shares. This supports financing, leasing, and collateralization, thereby enhancing asset liquidity.
- ESG Data Financialization: Generating auditable on-chain ESG reports based on traffic and energy consumption data collected by IoT sensors, providing robust technical support for the realization of Dubai’s 2050 Net Zero Carbon emissions target.
Michael Chan, CEO 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. Following the launch of our smart car Roboy339—integrated with a digital wallet and digital ID—at TOKEN2049, and the debut of our electric aircraft brand RoVTOL at this year’s Dubai Airshow, our future products will all be equipped with exclusive digital wallet functions. 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.”