Robo.ai shares surge 20.27% intraday after announcing strategic partnership with Zand Bank to integrate AED stablecoin and IoT custody solutions.

Robo.ai surged 20.27% intraday following the announcement of a strategic partnership with Zand Bank, the Middle East’s first fully digital bank. The collaboration integrates Robo.ai’s intelligent hardware ecosystem with Zand Bank’s regulated digital financial infrastructure, focusing on AED stablecoin payments, IoT asset custody, and real-world asset (RWA) tokenization for smart vehicles, eVTOLs, and logistics equipment. The partnership aims to enable automated Human-to-Machine and Machine-to-Machine settlements, secure custody for IoT devices, and on-chain ESG data financialization aligned with Dubai’s 2050 net-zero goals. Zand Bank’s institution-grade compliance and AED stablecoin are positioned to provide a critical on-ramp for Robo.ai’s expansion in the Middle East, Africa, and South Asia. The deal, underscored by Zand Bank’s BBB+ rating and regulatory credentials, signals progress in tokenizing physical assets and scaling automated settlements, likely driving investor optimism about the company’s growth potential in the Machine Economy.