RWA Platform TokenFi Is Tokenizing the Floki Minibot

TokenFi, a sister project to Floki that focuses on real-world asset (RWA) tokenization, is set to tokenize the Floki Minibot M1 — an AI-powered robot built by Rice Robotics — marking what the team says is the first tokenization of a consumer AI robot. The move coincides with the launch of TokenFi’s RWA tokenization module on May 23. A presale for the Minibot M1’s token will go live the same day, initially for users on a whitelist compiled by Rice AI and select Floki ecosystem participants. The presale ties into broader plans to launch Rice AI’s RICE token and conduct an airdrop for Floki (FLOKI) and TokenFi (TOKEN) holders, according to the announcement. Further details are expected post-sale, the team told CoinDesk. The Floki Minibot is a branded version of Rice Robotics’ compact delivery and companion robot, which operates autonomously and is built on the RICE AI system. Rice Robotics counts Nvidia, Softbank, Mitsui Fudosan and 7-Eleven Japan among its partners and clients. “This is the first time in history that an AI robot will be tokenized,” TokenFi said in a statement to CoinDesk. “It’s a phenomenal moment for TokenFi, the RWA industry, and the AI robotics space.” TokenFi aims to be a leading RWA infrastructure provider, allowing companies to tokenize real-world items — from assets to equity and now robotics — using blockchain rails. Floki developers said earlier this year that they believe Rice Robotics is “well-positioned for growth” in the AI robotics sector, citing industry projections that peg the market at over $100 billion by 2030. TOKEN has gained 19% in the past 24 hours, data from CoinGecko show, alongside a jump in major tokens. The CoinDesk 20 Index, a measure of the broader crypto market, has added 3%.

Source: CoinDesk