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

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Cointime2024/10/15 11:39

By:Cointime

Three projects, SingularityDAO, Cogito Finance, and SelfKey, are planning to merge and form a new entity called Singularity Finance. The project will focus on tokenizing the artificial intelligence (AI) economy and providing AI-driven financial tools. It is reported that the new entity, Singularity Finance, will provide a second-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 merge into SFI at a ratio of 1:80.353 and 1:10.89, respectively. This process may be adjusted based on discussions with stakeholders.

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