- SingularityDAO integrates tokenized RWAs into its AI-powered DynaVaults via Cogito.
- The integration gives DeFi access to tokenized traditional assets such as US Treasury Bills.
SingularityDAO, a groundbreaking decentralized portfolio management technology, has formed a strategic relationship with Cogito Finance. This partnership is a crucial step toward incorporating tokenized real-world assets (RWAs) into the SingularityDAO platform. The integration will improve SingularityDAO’s AI-powered v2 DynaVaults, allowing them to support and manage a wider spectrum of RWAs, increasing the number of traditional assets available to DeFi users.
Expanding DeFi Horizons.
SingularityDAO, founded by SingularityNET, is a decentralized AI marketplace, that utilizes artificial intelligence to optimize asset management.This cooperation will enable SingularityDAO users to access Cogito’s tokenized RWAs, which include fixed-income assets and equities. Cogito Finance, a subsidiary of SingularityNET, is well-known for its AI-powered financial solutions, such as GFUND, TFUND, and XFUND, which tokenize traditional assets for blockchain transactions.
Cogito’s tokenized RWAs are displayed as ERC-20 tokens on the Ethereum blockchain, which employs Layer-2 networks like Arbitrum, Base, Optimism, and Polygon to facilitate rapid and low-cost transactions. Each tokenized asset is supported 1:1 by its actual equivalent, ensuring stability and dependability.
The connection will provide SingularityDAO customers with access to Cogito’s diverse RWA portfolio, which caters to a wide range of risk appetites with low, medium, and high-risk investment strategies. This move is expected to considerably improve liquidity in the DeFi industry by transferring trillions of dollars worth of traditional assets to the blockchain.
Mario Casiraghi, Co-founder of SingularityDAO, stressed the importance of this integration, stating that the addition of Cogito Finance expands SingularityDAO’s aim of improving access to open finance. As TradFi and DeFi merge, our objectives fully fit with Cogito’s new RWA framework. This collaboration will accelerate the financialization of Web 3.0, benefiting both consumers and the larger Artificial Superintelligence (ASI) ecosystem.
Cloris Chen, CEO of Cogito Finance, stated that SingularityDAO’s powerful AI and machine learning algorithms will complement Cogito’s tokenized assets, resulting in vaults that provide DeFi customers with novel opportunities to earn yields on TradFi assets. This connection offers improved accessibility, security, and compliance, opening up a new era of on-chain investment prospects.
The cooperation intends to transform DeFi investment by boosting access to historically high-quality assets while also establishing new norms for secure, compliant, and efficient asset management in the blockchain world.
