Background

Tokenisation, like the internet's transformational impact, has the potential to change the way we view and interact with assets, ushering in a new era of business models. This, in finance circles, has been defined as a ‘killer use case’ by the likes of Citigroup, and is speculated to be the gateway to mass adoption of cryptocurrencies and blockchain technology, with BlackRock further highlighting this as the ‘fastest-growing tech in years’, outpacing historical adoption rates of major innovations like the internet and mobile phones.

Tokenisation of real-world assets is in fact rapidly emerging as a disruptive force in finance, with experts estimating that the tokenised asset market could exceed $16 trillion by 2030, representing 10% of global GDP according to research from Boston Consulting Group.

The AI economy in particular, offers a tremendous possibility for tokenisation, with global AI sector revenue anticipated to reach $1.8 trillion by 2030.

As a result, we propose a merger in which the talents, technology, and resources of Cogito Finance and SingularityDAO unite to become Singularity Finance, a powerhouse in both tokenisation and AI-powered financial sectors.