Crypto Expansion: SingularityDAO Enhances DeFi with Cogito's Tokenized RWAs
Crypto Innovations in DeFi
SingularityDAO, a decentralized portfolio management protocol, has partnered with Cogito Finance to introduce Real World Assets (RWAs) into its upcoming AI-powered DynaVaults v2.
This collaboration aims to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi) by developing innovative, compliant on-chain financial products.
Significant Integration
Mario Casiraghi, Co-founder of SingularityDAO, highlighted the significance of this integration. According to him, “The integration of Cogito Finance extends SingularityDAO’s goal of provisioning access to open finance.” As TradFi and DeFi converge, this partnership seeks to create a more inclusive financial ecosystem.
- Tokenized RWAs: RWA tokenization is rapidly emerging as a prominent trend in DeFi.
- Cogito's Offerings: Tokenized RWAs from Cogito are minted as ERC-20 tokens on Ethereum.
- Daily Net Asset Value (NAV) transactions are handled off-chain but recorded on the blockchain.
Investment Opportunities
With this integration, SingularityDAO can provide greater access to tokenized RWAs, offering new low- and medium-risk investment options:
- TFUND: A tokenized US Treasury Bill providing high liquidity.
- GFUND: A medium-risk green bond investment focused on ESG projects.
- XFUND: Targeting high-growth sectors like artificial intelligence (AI).
Cloris Chen, CEO of Cogito Finance, emphasized that SingularityDAO’s advanced AI systems enhance its asset management vaults, allowing for better yield sourcing and management of risks.
The integration of regulated on-chain vaults is anticipated to enhance yields from RWAs, increasing accessibility, security, and compliance for investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.