Share this article
Floki Teams With Softbank Partner Rice Robotics for Tokenization of AI Data
RICE AI is a robotics brand with high-profile clients such as Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan, and 7-Eleven.
Apr 23, 2025, 2:17 p.m.
Make us preferred on Google
What to know:
- Rice Robotics and Floki are launching the Minibot M1, an AI-powered companion robot on the RICE AI platform.
- Floki is advancing its blockchain initiatives by tokenizing its brand and AI data marketplace through TokenFi.
- The AI robotics market is projected to grow from $22 billion to $100 billion by 2030, positioning Rice Robotics for significant growth.
Rice Robotics and dog-themed utility project Floki will soon launch the Minibot M1, a Floki-branded AI-powered companion robot that works on the RICE AI platform.
Floki will support the company in its blockchain push as it moves towards tokenizing its brand and AI data marketplace through TokenFi, a Floki sister project focused on tokenizing real-world assets, with support from the Floki community.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“The AI robotics market size is currently worth an estimated $22 billion and is projected to reach $100 billion by 2030, and we believe Rice Robotics is well-positioned for growth in this high-potential industry,” the Floki team told CoinDesk in a Telegram message.
RICE AI is a robotics brand with high-profile clients such as Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan, and 7-Eleven. It raised over $7 million in a pre-Series A funding round earlier this year from investors including Alibaba Entrepreneurs Fund, Soul Capital and Audacy Ventures.
RICE AI wants to make robots smarter by creating a system where robots worldwide can buy and share top-notch training data. These robots work independently without central control, making them more useful in the real world.
FLOKI prices are up 16% in the past 24 hours alongside a broader crypto market bump.
Di più per voi
More For You
Crypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say
Compass Point and Canaccord call BitGo a potential acquisition target and defend the stock despite its weak debut, citing growth in institutional crypto infrastructure.
What to know:
- Wall Street analysts say BitGo’s expansion into full-service institutional crypto finance could drive long-term growth and make it an attractive acquisition target for traditional financial firms.
- Analysts argue that investors are overlooking BitGo’s potential to cross-sell prime brokerage-style services, which could significantly boost revenue if it can narrow the gap with rivals like Galaxy and Coinbase.
- Despite BitGo’s stock falling more than 40% since its January IPO, some analysts view the selloff as an overreaction and maintain buy ratings, citing the company’s solid competitive moat and strategic value to big banks entering crypto.
