Three AI-Crypto Firms Are Said to Near Deal to Merge Tokens

Three AI companies, SingularityNET, Fetch.ai, and Ocean Protocol, which operate on blockchain, are reportedly in discussions to merge their crypto tokens. The aim is to develop a decentralized AI platform. The merged token, known as ASI, would have a fully diluted value of approximately $7.5 billion.

The deal could be announced as early as Wednesday, pending approval from each community's members. The sources, who wished to remain anonymous, stated that the information was confidential.

Key takeaways

Three artificial intelligence companies, SingularityNET, Fetch.ai and Ocean Protocol, are considering merging their crypto tokens.
The proposed merger aims to help the companies develop a decentralized AI platform.
The new token, ASI, would have a fully diluted value of about $7.5 billion.
The deal, which could be announced soon, requires approval from the members of each community.

Three AI-Crypto Firms Are Said to Near Deal to Merge Tokens

Key takeaways

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