Binance to List RICE Token as Rice Robotics Launches AI Data Marketplace

Hong Kong-based Rice Robotics has announced the launch of its RICE token on August 5, 2025, via the TokenFi Launchpad. The token will serve as the backbone for a decentralized data marketplace designed for AI-powered robots, marking a significant step in the tokenization of robotics data and the expansion of decentralized physical infrastructure (DePIN). With a presale valued at $750,000, representing 10% of the total 1 billion token supply, the project is poised to make waves in the crypto and AI sectors. This development aligns with the growing trend of integrating blockchain technology with AI and robotics, offering new opportunities for investors and tech enthusiasts alike.

Rice Robotics to Launch RICE Token for AI Data Marketplace via TokenFi

Hong Kong-based Rice Robotics announced the debut of its RICE token on August 5 through the TokenFi Launchpad. The token will power a decentralized data marketplace for AI-powered robots, aligning with broader efforts to tokenize robotics data and scale decentralized physical infrastructure (DePIN).

The presale, valued at $750,000, represents 10% of the total 1 billion token supply, pegging the project's valuation at $7.5 million. Key partners include BNB Chain, DWF Labs, and memecoin ecosystem Floki, which boasts over 700,000 holders and its own tokenization platform.

Rice Robotics has gained recognition for its indoor autonomous delivery robots deployed at high-profile locations such as Softbank’s Tokyo headquarters and 7-Eleven Japan stores. The company is part of Nvidia’s Inception program and was selected for BNB Chain’s MVB Season 10 accelerator.

In a collaboration with Floki, Rice Robotics introduced the Floki-branded Minibot M1, an AI-powered consumer robot running on the RICE AI platform. The presale for 800 units sold out within 24 hours in May, with owners eligible for a RICE token airdrop at token generation.

Crypto Markets See $600M Long Liquidations as Bitcoin Corrects to $115K

Crypto markets faced a violent shakeout as Leveraged traders were caught offside during a sharp intraday sell-off. More than $630 million in positions were liquidated across exchanges, with longs accounting for over 90% of the damage. The cascade of forced closures exacerbated downward momentum, particularly in altcoins.

Bitcoin briefly touched $115,200, paring recent gains but demonstrating relative stability compared to majors like Ether and Solana. ETH dropped 6% to $3,687 while SOL retreated to $170, unwinding part of last week's speculative surge. Binance recorded the single largest liquidation - a $13.7 million ETH long position.

Market dominace edged higher as capital rotated out of riskier altcoins. XRP failed to hold $3 despite favorable regulatory developments, and meme coins including Doge mirrored the broad retreat. The liquidation storm highlights the perils of excessive leverage during periods of low liquidity.