$SFI, the token that will power DeFi, AIFi, and RWAs, has finally arrived after much building and testing. It is set to be a major player in onchain economic activity.

Original Author: Frank, PANews On October 15th, SingularityDAO, Cogito Finance, and SelfKey announced plans to merge and form a new project called Singularity Finance (SFI), focusing on the tokenization of the artificial intelligence (AI) economy. According to the introduction, this new entity will provide a Layer 2 network for tokenizing assets such as GPUs and offering AI-driven financial tools. Once this news came out, many people felt a bit confused. SingularityNET was thought to have completed the merger in June of this year, so why is the merger news being brought up again? In fact, in June, SingularityNET merged with Fetch.ai and Ocean

SingularityDAO, 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.