Home > Latest > Body

SingularityDAO plans to merge with Cogito Finance and SelfKey to form AI-centric Layer2

clock
2024-10-15 19:06:46
SingularityDAO, Cogito Finance, and SelfKey plan to merge to form a new entity called Singularity Finance. The project will focus on tokenizing the artificial intelligence (AI) economy and providing AI-powered financial tools.
It is reported that the new entity Singularity Finance will provide a two-layer network for tokenization of assets such as GPUs. After the merger, SelfKey's existing token KEY will become Singularity Finance's new token SFI. SingularityDAO's SDAO and Cogito's CGV will be merged into SFI at a ratio of 1:80.353 and 1:10.89. This process may be adjusted based on stakeholder discussions.