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The SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey

Nov 1, 2024 22:53:27

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ChainCatcher news, according to Chainwire, the SingularityDAO community vote has approved the merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity, Singularity Finance, focusing on the tokenization of the AI economy on EVM Layer 2.

It is reported that this vote was conducted through the Snapshot governance framework, with over 15 million SDAO participating in the voting, achieving a support rate of 94.78%. The new entity will integrate the strengths of the three parties, focusing on AI-driven financial services, including the tokenization of real-world assets (RWA) and on-chain identity management.

Singularity Finance will be led by a committee consisting of SingularityNET CEO Ben Goertzel, Cogito Finance CEO Cloris Chen, and SingularityDAO co-founder Mario Casiraghi. The project will continue to enhance SingularityDAO's existing AI-driven portfolio management services and combine SelfKey's compliance solutions with Cogito Finance's RWA tokenization technology to provide users with more comprehensive AI financial services.

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