Singularity Finance Strikes Strategic Partnerships to Lead the AI and RWA Economy and Expand its Ecosystem (22 Nov)

Gros Islet, St. Lucia, November 22nd, 2024, Chainwire

Singularity Finance (SFI), the pioneering AI-centric Layer-2 blockchain dedicated to tokenising the AI economy and Real-World Assets (RWAs), has announced a series of strategic partnerships as the innovative company leads the expansion into new financial paradigms.

One of the most significant partnerships comes with Outlier Ventures, who have joined forces with Singularity Finance to launch the RWA Base Camp Accelerator. This 12-week programme offers $100,000 in funding and hands-on support from Outlier Ventures’ team of experts in areas such as legal frameworks, token design, community-building strategies, and pitch deck refinement, along with workshops and mentorship from Singularity Finance.

This partnership will grant the projects incubated under the Base Camp programme first access to Singularity Finance’s EVM-compatible L2 chain, contributing to its strength by establishing a robust foundation of innovative RWA dApps from the outset.

Further strengthening the Singularity Finance ecosystem is Rebalance Finance, an AI-powered DeFi protocol optimising the allocation of stablecoins into RWAs, as it sets to integrate tokenised assets as collateral. This partnership enables diversified and stable yield generation for its users whilst offering projects building on the Layer-2 a streamlined process to tokenise assets seamlessly and unlock their full utility.

Another key addition to the SFI ecosystem is Kommunitas, a decentralised crowdfunding platform known for successfully raising over $20M USD and launched public rounds with around 200 Web3 projects to date. Kommunitas will promote Singularity Finance as the preferred Layer-2 blockchain for upcoming RWA and AI projects incubated through its launchpad. In return, Singularity Finance will provide technical support to ensure the smooth deployment of these innovative initiatives, further enhancing accessibility and adoption.

Particula, a platform offering real-time risk assessments and comprehensive analytics for tokenised RWAs, has also joined the Singularity Finance network. Particula currently supports over 20+ asset classes, partners with over 800+ issuers and has coverage for over 1000+ tokens. 

With Singularity Finance as a supported blockchain within its RWA rating solutions, Particula will provide upcoming builders on the L2 priority access to its analytics services.

These strategic partnerships highlight Singularity Finance's commitment to creating a vibrant ecosystem that addresses the challenges of liquidity, valuation, and accessibility in the tokenised AI economy, establishing itself as the financial backbone of the AI sector. ‘We are incredibly excited about these strategic partnerships, which mark a significant milestone in our journey to tokenise the AI economy and real-world assets," said Mario Casiraghi, co-founder of Singularity Finance. "Collaborating with industry leaders like Outlier Ventures, Rebalance Finance, Kommunitas, Particula - and more in the pipeline - allows us to build a robust and compliant ecosystem. Together, we're unlocking new financial paradigms and providing unparalleled opportunities for innovators and developers to leverage AI and blockchain technologies, and we warmly invite more partners to join us in redefining the future of decentralised finance and the AI economy’ 

Singularity Finance does not stop its efforts here: it is now issuing an open call for further key partnerships.

As it continues building a robust ecosystem where DePIN, RWA, and AI-driven assets can flourish, the company seeks to collaborate with even more leading industry players who bring transformative capabilities to the burgeoning AI-driven finance and decentralised applications space.

The key benefits of partnering with Singularity Finance are the unparalleled opportunities for collaborators to leverage its compliant tokenisation framework, thus unlocking enhanced ecosystem utilities, including liquidity solutions, and AI-powered DeFi applications, with scalability and regulatory alignment in the AI and blockchain sectors at the forefront.

The innovative stance of Singularity Finance sets partners as early adopters of the AI economy tokenisation, a strong blend of two of the strongest business cases in recent years. By bringing the AI value chain on the blockchain, new business models and financial paradigms are unlocked, exposing projects to untapped liquidity.

Furthermore, as a SingularityNET ecosystem partner, partners can gain access to one of the most comprehensive networks of AI-facing companies in the space.

The call for partnerships remains open, inviting innovators, developers, and companies to join this transformative journey. Together with its partners, Singularity Finance is set to redefine the AI economy, bringing tangible and intangible assets on-chain, democratising access, and unlocking unprecedented growth opportunities.

Cloris Chen, CEO Singularity Finance  concludes, “This is your opportunity to collaborate with a first-mover in the AI and RWA economy. Let’s shape the future of decentralised finance and the AI economy together.”

About Singularity Finance

Singularity Finance is the first AI-centric EVM-compatible L2 blockchain bringing the AI economy on-chain. It offers a fully compliant RWA tokenisation framework to tokenise and monetise the AI value chain in its entirety.

Stemming from the SingularityNET ecosystem and closely tied to the Artificial Superintelligence Alliance, Singularity Finance is poised to become the financial chain for everything AI.

Interested parties can reach out to the Singularity Finance team through [email protected]

Contact

Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.