Singularity Finance & Cicada Join Forces to Launch $1M AI & RWA Fund
1min read Singularity Finance and Cicada have joined forces to establish a $1M fund, focusing on AI and Real-World Asset (RWA) projects. The collaboration combines Singularity Finance's (SFI) grants with strategic investments from Cicada, aiming to build on the SFI chain and enhance market liquidity.
The partnership leverages Cicada's market-making, liquidity provision, and venture capital strengths with Singularity Finance's blockchain infrastructure and RWA tokenization framework. This integration bridges traditional finance with decentralized innovation, accelerating the development of the AI economy.
Amaury Dalleur, Head of Incubation at Singularity Finance, commented, "We see Cicada as a strong partner to help us achieve our ambitious goals on SFI, providing the best support to innovative AI and RWA builders, as well as on-chain liquidity, making SFI the number one choice for building real innovations and tokenization."
Daniel, Head of Business Development at Cicada, added, "We see huge potential in the long-term use of AI and RWA, and partnering with Singularity Finance is a great step toward supporting real builders in this space. Our experience as LPs, VCs, and market makers, combined with our strong network, will bring massive value to projects building on their ecosystem."
The Singularity Finance x Cicada Grant program offers funding and comprehensive support for AI, RWA, and DeFi projects developing Web3 solutions. Selected projects will receive backing, technical guidance, and strategic assistance within the Singularity Finance ecosystem.
