SingularityNET and SingularityDAO secured a $25 million commitment with Global investment group LDA Capital Limited, to accelerate product roadmap, adoption of AI tools and scaling the ecosystem while supporting the growth of decentralized AI in general and its use in decentralized finance.
“LDA Capital are excited by the advancements in both AI and DeFi shown by the SNET ecosystem and along with the commitment, LDA will be providing strategic advice and support to allow SingularityNET and SingularityDAO to continue to grow their position as industry leaders.” - Anthony Romano, Managing Partner, LDA Capital Ltd ...
SingularityDAO
As a spin-off project of SingularityNET, launched in 2021, SingularityDAO is a community governed DeFi Protocol that provides users with advanced cryptocurrency portfolio management tools powered by cutting edge artificial intelligence. They are dedicated to building the future of decentralized finance and delivering these high level tools in an easy to use fashion.
See the full press release here: https://www.bakersfield.com/ap/news/singularitynet-and-singularitydao-sign-a-25-million-capital-commitment-with-lda-capital-limited/article_4fe437f5-27ab-5ce0-94e2-8efa049d9e3a.html