PANews reported on November 1 that according to Chainwire, SingularityDAO completed a community vote, and SDAO holders approved the merger proposal with Cogito Finance and SelfKey with a support rate of 94.78%. This merger will lead to the birth of the "Singularity Finance" platform, which is planned to be a tokenized application supporting the AI economy as an EVM Layer 2.

Mario Casiraghi, co-founder of SingularityDAO, said the merger will combine the three technologies to promote DeFi and AI innovation. Singularity Finance will focus on AI-driven financial services such as real-world asset (RWA) tokenization and on-chain identity management, aiming to attract developers and users and expand new use cases for the integration of AI and DeFi.