TechFlow reports on November 1, according to Chainwire, the SingularityDAO community has voted in favor of a merger proposal with Cogito Finance and SelfKey. The three parties will form a new entity named Singularity Finance, aiming to build an EVM Layer 2 focused on tokenizing the artificial intelligence economy. The vote was conducted via the Snapshot governance framework, with over 15 million SDAO tokens participating, resulting in an approval rate of 94.78%. The new entity will integrate the strengths of all three parties, focusing on AI-driven financial services including tokenization of real-world assets (RWA) and on-chain identity management.
Singularity Finance will be led by a leadership committee composed of Ben Goertzel, CEO of SingularityNET; Cloris Chen, CEO of Cogito Finance; and Mario Casiraghi, co-founder of SingularityDAO. The project will continue enhancing SingularityDAO’s existing AI-powered portfolio management services, combining SelfKey’s compliance solutions and Cogito Finance’s RWA tokenization technology to deliver more comprehensive AI financial services to users.
