SingularityDAO plans to merge with Cogito Finance and SelfKey, forming Singularity Finance, dedicated to tokenizing the AI economy and enhancing financial tools.
The new entity will introduce a layer-2 network targeting asset tokenization such as GPUs, enhancing the financial landscape with AI-driven solutions.
SelfKey's token, KEY, will transition into Singularity Finance's new token, SFI, while existing tokens SDAO and CGV will merge at predetermined ratios.
The merger illustrates a continued trend within the artificial intelligence sector, as demonstrated by SingularityNET’s prior consolidation with Fetch.ai and Ocean Protocol.
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