PANews November 1st news, according to Chainwire, SingularityDAO has completed a community vote in which SDAO holders approved the merger proposal with Cogito Finance and SelfKey with a support rate of 94.78%. This merger will facilitate the birth of the 'Singularity Finance' platform, planned as a tokenized application supporting the AI economy on an EVM Layer 2 layer.
Mario Casiraghi, co-founder of SingularityDAO, stated that this merger will combine the technologies of the three parties to promote innovation in DeFi and AI. Singularity Finance will focus on AI-driven financial services, such as the tokenization of real-world assets (RWA) and on-chain identity management, aiming to attract developers and users while expanding new use cases for the integration of AI and DeFi.