SelfKey

Artificial Superintelligence Alliance

Ocean Protocol

Cogito Finance

Singularity

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/singularitydao-cogito-finance-and-selfkey-collaborate-to-launch-singularity-finance/" data-wpel-link="internal">SingularityDAO, Cogito Finance, and SelfKey Collaborate to Launch Singularity Finance</a> 
SingularityDAO, Cogito Finance, and SelfKey unite under a new project focused on tokenizing the artificial intelligence economy. The resulting “Singularity Finance” aims to create a Layer-2 network that facilitates the tokenization of assets such as GPUs while offering AI-powered financial tools. 
<h2 style="text-align: justify" id="strong-establishment-of-singularity-finance-through-a-triumvirate-merger-strong">Establishment of Singularity Finance through a Triumvirate Merger</h2> 
The merger plans of SingularityDAO, Cogito Finance, and SelfKey have garnered significant attention in the industry. The new structure, named Singularity Finance, will rebrand SelfKey’s existing <a href="https://en.coin-turk.com/analyst-warns-of-impending-crush-for-memecoins-including-bitcoin/" data-wpel-link="internal">token</a> KEY to the new token SFI. Additionally, SingularityDAO’s SDAO token will convert to SFI at a rate of 1:80,353, while Cogito Finance’s CGV token will convert at a rate of 1:10.89. 
The conversion rate may vary following discussions with stakeholders. 
<h2 style="text-align: justify" id="strong-towards-a-structure-similar-to-singularitynet-strong">Towards a Structure Similar to SingularityNET</h2> 
This merger recalls a significant move previously made by SingularityNET. In June, SingularityNET joined forces with other AI-focused projects like Fetch.ai and Ocean Protocol to launch the Artificial Superintelligence Alliance (ASI) token. Now, SingularityDAO, emerging from the same ecosystem, draws attention with a similar consolidation initiative. 
The announcement of Singularity Finance highlighted its vision for developing tokenized asset management and AI-enhanced financial solutions. This merger is expected to create substantial impacts within the AI-driven <a href="https://en.coin-turk.com/bitcoin-etf-funds-achieve-significant-gains-in-us-markets/" data-wpel-link="internal">cryptocurrency</a> ecosystem. 
The innovations this new project will bring to the sector and the future roadmap of Singularity Finance are eagerly followed by enthusiasts and tech aficionados. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-397275" src="https://coin-turk.com/wp-content/uploads/2024/10/SDAO_1D_graph_coinmarketcap.jpeg" alt="" width="805" height="537"> 
Following the news, the main network asset of SingularityDAO, SDAO, saw its price rise by over 10%. As of the news preparation, the <a href="https://en.coin-turk.com/bitcoin-and-us-stock-market-experience-losses-altcoin-price-analysis-for-hedera-optimism-and-injective/" data-wpel-link="internal">altcoin</a> traded at $0.3215, reflecting an increase of 11.52%. The main network assets of Cogito Finance and SelfKey, CGV and KEY, also experienced increases, with CGV rising by 18.65% and KEY by 11.93%. 
The post <a href="https://en.coin-turk.com/singularitydao-cogito-finance-and-selfkey-collaborate-to-launch-singularity-finance/" data-wpel-link="internal">SingularityDAO, Cogito Finance, and SelfKey Collaborate to Launch Singularity Finance</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

SingularityDAO, Cogito Finance, and SelfKey Collaborate to Launch Singularity Finance

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