SingularityDAO has completed voting on plans for a merger with Cogito Finance and SelfKey to create the Singularity Finance platform—a Layer 2 EVM-based platform aimed at tokenizing the AI economy. The merger was supported by 94.78% of SDAO token holders, with over 15 million tokens cast via the Snapshot platform.
Mario Casiraghi, co-founder of SingularityDAO, emphasized the importance of this decision and expressed gratitude for the support, which will enable SingularityDAO and its partners to accelerate innovation in AI and DeFi. Now, SingularityDAO awaits a KEY community vote to confirm SelfKey’s participation.
Singularity Finance will focus on AI services, such as tokenizing real assets and managing digital identities. Cloris Chen, CEO of Cogito Finance, noted that the merger will open new opportunities at the intersection of AI and DeFi, establishing Singularity Finance as a leader in this sector.
The merger will also integrate SelfKey and Cogito's solutions to enhance AI-driven portfolio and risk management solutions already offered by SingularityDAO. Singularity Finance will be governed by a leadership council, including Mario Casiraghi, Cloris Chen, and Dr. Ben Goertzel.
