Singularity Finance and Cicada have announced a strategic partnership aimed at creating a $1 million fund to support AI and RWA projects.
New Fund for AI and RWA Projects
Singularity Finance and Cicada have joined forces to establish a $1 million fund. This initiative focuses on supporting artificial intelligence projects and providing on-chain liquidity on the SFI blockchain.
Driving Forces Behind the Partnership
Cicada brings its expertise in market making and venture investments, supporting projects within the Singularity Finance ecosystem. Singularity Finance will offer blockchain solutions for RWA tokenization. Their efforts aim to create an ecosystem connecting traditional finance with decentralized innovations.
Project Support and Objectives
Projects selected for the Singularity Finance x Cicada grant will receive funding and technical expertise. The partnership aims to develop solutions in Web3, creating new opportunities for AI and RWA projects.
The collaboration between Singularity Finance and Cicada marks a significant advancement in integrating decentralized technologies into the financial sector, fostering the development of AI and RWA solutions.
