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Floki partners with SoftBank's partner company Rice Robotics - Aiming for AI data tokenization | CoinDesk JAPAN
Floki supports the strengthening of Rice Robotics' efforts in the blockchain space. Through its sister project TokenFi, which specializes in the tokenization of real-world assets (RWA), Floki is advancing the tokenization of marketplaces for brands and AI data with the support of the Floki community.
The Floki team stated to CoinDesk on Telegram that "the AI robotics market is currently estimated to be $22 billion (approximately ¥3.08 trillion, based on an exchange rate of 140 yen to the dollar) and is projected to reach $100 billion (approximately ¥14 trillion) by 2030. Rice Robotics is expected to grow in this high-growth industry."
RICE AI is a robotics brand with notable clients such as Nvidia, SoftBank, Dubai Future Foundation, Mitsui Fudosan, NTT, and Seven-Eleven. Earlier this year, it raised over $7 million (approximately 980 million yen) in a pre-Series A round from investors including Alibaba Entrepreneurs Fund, Soul Capital, and Audacy Ventures.
RICE AI aims to enhance robot intelligence by building a system where robots around the world can buy and share the highest quality training data. Such robots operate independently without centralized control, becoming more useful entities in the real world.
In line with the overall rise of the cryptocurrency market, the price of Floki has increased by 16% in the last 24 hours.
| Translation and Editing: Rin Hanashi | Image: Rice Robotics ｜Original text: Floki Teams With Softbank Partner Rice Robotics for tokenization of AI Data