Crypto Community Approves SingularityDAO Merger with Cogito Finance and SelfKey
Crypto Merger Highlights
SingularityDAO, a decentralized portfolio management protocol, recently wrapped up an important governance vote regarding a merger with Cogito Finance and SelfKey. Out of 15 million SDAO tokens cast in the vote, 94.78% supported the merger.
Community Involvement
Mario Casiraghi, Co-Founder of SingularityDAO, expressed gratitude for the active participation of SDAO holders. Following the merger, the new entity, Singularity Finance, will become an EVM Layer-2 network focused on tokenizing the AI economy.
Future Landscape of AI and DeFi
- Singularity Finance foresees a significant advance in AI-powered financial services.
- The merger will enable RWA Tokenization and comprehensive identity solutions.
- A leadership council will oversee the new platform's direction.
Next Steps
With the SDAO vote successful, SingularityDAO awaits the outcome from KEY holders to finalize SelfKey's participation.
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.