SingularityDAO, Cogito Finance, and SelfKey are planning to merge into a joint project focused on tokenizing the AI economy, Coindesk reported.
Accordingly, the tokens of the three projects will merge into Singularity Finance (SFI).
The planned merger will see SelfKey’s existing token, KEY, become Singularity Finance’s new token, SFI. SingularityDAO’s SDAO and Cogito’s CGV will merge into SFI at ratios of 1:80.353 and 1:10.89, respectively.
Following the news, KEY and CGV prices rose.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/surprise-three-altcoins-decided-to-merge-prices-sudden-increase/