Robo.ai, a Nasdaq-listed technology innovator, has announced a new strategic Memorandum of Understanding with Zand Bank PJSC, the Middle East’s first fully digital bank. This partnership brings together Robo.ai’s intelligent hardware ecosystem and Zand Bank’s regulated digital financial infrastructure. Together, the two organizations aim to reshape the evolving “Machine Economy” by focusing on AED stablecoin payments, secure IoT asset custody, and real-world asset (RWA) tokenization.
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The collaboration is designed to solve some of the most persistent challenges in automated payments and compliance. By embedding Zand Bank’s financial capabilities directly into Robo.ai’s hardware terminals, both companies will unlock new commercial use cases that bring human-to-machine and machine-to-machine interactions to life with greater speed, trust, and transparency. This includes enabling instant autonomous transactions, protecting digital assets through institution-grade custody, transforming smart vehicles and logistics equipment into fractional on-chain assets, and turning ESG sensor data into verifiable financial insights that support Dubai’s 2050 Net Zero goals.
Michael Chan, CEO of Zand Bank, described the partnership as a major step forward in building the financial foundation of the Machine Economy. He emphasized that integrating AED stablecoin technology into Robo.ai’s vast network of intelligent devices will enable seamless automated transactions, allowing machines and humans to interact economically in new, powerful ways. He reflected on Zand Bank’s mission to make “Code as Payment, Data as Value” a tangible reality worldwide.
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Benjamin Zhai, CEO of Robo.ai, shared how deeply this partnership aligns with the company’s vision. He highlighted Robo.ai’s recent innovations, including the Roboy339 smart car with an embedded digital wallet and digital ID, and the launch of the RoVTOL electric aircraft brand. Zhai explained that future Robo.ai products will all include built-in digital wallet capabilities, making the collaboration with Zand Bank especially timely. He noted that Zand’s compliant infrastructure and AED stablecoin will be vital for expanding Robo.ai’s reach across key growth regions such as the Middle East, Africa, and South Asia, enabling stable automated settlements, asset tokenization, and global IoT data monetization.
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Together, Robo.ai and Zand Bank are laying the groundwork for a future where smart devices don’t just operate—they transact, authenticate, and create measurable economic value.
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