With the launch of Singularity Finance, an expansive vision to combine the top financial technologies becomes reality with the merger of SingularityDAO, Cogito Finance, and SelfKey. This union’s goal is to change the decentralized finance (DeFi) world. With the help of artificial intelligence (AI), they will bring a whole new layer of value to DeFi applications. The newly combined organization will be dedicated to building the leading scalable Layer 2 solution. Its mission is to onboard AI-Fi and Real World Assets (RWAs) on-chain while tokenizing AI assets. Saffron Finance has rebranded into Singularity Finance and further established SFI Crypto as an important component of the SingularityNET ecosystem. This amendment goes a long way toward filling crucial gaps in the DeFi and AI spaces.
On October 15, 2024, we introduced the merger to the world. This was immediately followed by the launch of a concrete governance detailed litepaper, which paved the way towards an organized series of governance votes and migrations. SingularityDAO's governance vote, which took place from December 9-13, 2024, culminated in the announcement of the vote results on December 14, 2024, paving the way for the merger's execution. This means Phase 1 migration is set to begin on February 6, 2025. As of June 10th, 2025, we had finalized the token merger and SFI is now the sole token for the whole Singularity Finance ecosystem.
Strategic Vision and Objectives
Singularity Finance focuses on AI-powered decentralized finance, providing world-class tools and infrastructure purpose-built for AI developers and researchers. Its main goal is to make DeFi apps safer. We do this by harnessing AI-driven insights, which lead to more efficient, more intelligent, and more adaptive smart financial systems.
Singularity Finance’s strategic vision involves tokenizing AI assets and building a scalable Layer 2 infrastructure. This platform serves as the backdrop for the successful and seamless integration of both AI-Fi and RWAs into the larger blockchain ecosystem. It addresses the scalability and efficiency issues that have been a perennial obstacle to DeFi going mainstream. Through the provision of a secure, decentralized, and scalable ecosystem, Singularity Finance seeks to unlock unprecedented opportunities at the intersection of AI and blockchain.
Furthermore, Singularity Finance is a vital part of the larger SingularityNET ecosystem, reaping the rewards of their vast network and capabilities. This partnership will enable Singularity Finance to leverage cutting-edge AI technologies. It further enables joint work with the best experts, reinforcing the project’s role as a leader and crucial innovator in the DeFi industry.
Key Milestones and Developments
The path to creating Singularity Finance began with an important first step. On October 15, 2024, Congressional district maps were first drawn. The announcement was accompanied by the release of a detailed implementation-litepaper. This guidance was intended to provide a shared vision, goals and technical plan for the newly merged entity.
A major milestone in the process was reach with a SingularityDAO community governance vote, conducted December 9-13, 2024. The community was overwhelmingly in favor of the merger. The resulting vote outcome, announced on December 14, 2024, ratified this strategic pivot. This community support had been absolutely essential to get elected officials on board with the intended integration.
The migration process started with Phase 1, which was set to start on February 6, 2025. This phase was characterized by the first steps of integrating the technologies and platforms of SingularityDAO, Cogito Finance and SelfKey. We finalized the token merger by June 10, 2025. This landmark event signaled the formal rollout of Singularity Finance, with SFI as our singular token of purpose.
Technological Infrastructure and Scalability
To make sure things are scalable and efficient, Singularity Finance uses an EVM (Ethereum Virtual Machine) compatible Layer 2 platform. This smart technology decision allows Singularity Finance to process transactions faster and more affordably. By building unique liquidity infrastructure such as pool liquidity pre-funding, it promises to address perhaps the biggest constraint of existing DeFi/DeFi-like solutions.
The L2 platform is home to many of the leading DeFi apps. It uniquely combines AI-driven insights and real-world assets (RWAs) for unparalleled functionality. Singularity Finance develops a more scalable and efficient infrastructure. This unified approach pulls both developers and users toward it, powering the acceleration of its vibrant ecosystem.
An EVM-compatible platform ensures interoperability with Ethereum-based tooling and applications that already exist. This feature makes it easy for any developer building on top of Ethereum, Cosmos, or Solana to migrate their projects over to Singularity Finance. This compatibility is extremely important in fostering interoperability and collaboration with the wider blockchain community.
