SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2SingularityDAO, Cogito Finance and SelfKey plan to merge to form Singularity Finance, with a focus on tokenizing the AI economy and offering AI-powered financial tools. This follows a similar merger by SingularityNET in June with Fetch.ai and Ocean Protocol. The new entity will provide a layer-2 network for tokenizing assets like GPUs. SelfKey's KEY will become Singularity Finance's new token SFI, while SingularityDAO's SDAO and Cogito's CGV will merge into SFI at ratios of 1:80.353 and 1:10.89 respectively.
CoinDesk·2024-10-15 11:18