Virtual currency concept company Robo.ai aims to get involved in the Jiyue Automobile restructuring. What is the underlying logic?

The series of recent actions by Middle Eastern cryptocurrency company Robo.ai have attracted attention. According to analysts from Jiazi Guangnian, the company has submitted materials to the temporary administrator of Ji Yue Motors, with the intention of participating in the investor selection process for its strategic financing.

It is worth noting that Ji Yue Motors has not made any proactive statements on this matter. The temporary administrator later explained to the media that the introduction of strategic investors is still under negotiation, and they are “not very clear” about Robo.ai’s registration status, and specific information is currently not convenient to disclose. This suggests that Robo.ai’s application is likely a unilateral proactive approach.

Robo.ai’s Identity Transformation

Tracing the company’s development makes it clearer. In mid-August this year, Newton Group completed a brand rebranding on NASDAQ, officially adopting the new identity “Robo.ai Inc.” with a stock ticker change to “AIIO.” From the name to the ticker, this is a complete transformation.

What is even more notable is the speed of its expansion. Just one month after the rebranding, Robo.ai invested in the Arkreen project in the DePIN track, and collaborated to develop stablecoin settlement systems and token incentive mechanisms, aiming to anchor cross-border transactions and ecological implementation.

Industry Leap in Four Months

From the timeline of submitting materials, Robo.ai has rapidly expanded its territory within just four months, from the virtual currency field to token payment systems, digital banking, and the aerospace industry, and now it has set its sights on the new energy vehicle sector. This aggressive diversification not only demonstrates capital’s ambition but also raises many questions.

Ji Yue Motors is currently in the pre-reorganization stage, and attracting strategic investors is a routine move. However, the involvement of a virtual currency company in financing such a traditional industry itself is a noteworthy signal. Whether Robo.ai’s move is driven by genuine industrial synergy or another attempt at capital operation, market opinions vary.

At least from Ji Yue Motors’ management response of “not clear,” this goodwill from the virtual currency enterprise currently remains at a one-sided intention stage.