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- May 2024 Update
May 2024 Update
News on Tokenisation, RWA, AI with Cogito Finance
Tokenized US T-Bills are now live onchain with TFUND
On 7th May 2024, Cogito Finance officially launched its first tokenized investment fund: TFUND.
The product allows you to add US Treasury Bills, known as risk-free assets, to your portfolio.
TFUND offers an attractive 5% APY, making it a stable and safe cash management solution for DAOs, Web3 protocols, Institutional Investors, and HNWIs.
With its ultra low risk, it's perfect to preserve capital with the benefits of blockchain and the security of traditional financial instruments.
The underlying asset is BlackRock's iShares 0-3 Month Treasury Bond ETF (SGOV), offered by one of the most well-known asset managers and leading provider of investment, advisory, and risk management solutions in the world.
In the press
Our launch was picked up by the media, and in May Cogito was featured on:
Partnerships
New partnerships were struck with top names in the Web3 sphere. Here is a rundown:
THREE Protocol: the hub of decentralised marketplaces. This collaboration spans across educational initiatives covering Web3 and AI topics, support and knowledge sharing for on-chain treasury building, as well as strategic engagements, leveraging each other's platforms. | DAO Base: a leading AI-powered DAO data analytics platform. Our companies will join forces in order to bring educational value for DAOs within the scope of treasury management practices and DAO governance proposals. |
More collaborations on the horizon!
We strive to connect and build with other projects in the Web3 space, and we do so with incredible partners. Rest assured that there are many more underway which we will announce shortly!
Spaces & podcasts
In the month of May, Cogito took part in the following X Spaces ๐๏ธ๐ฌ
SingularityNET Ecosystem All-Hands, a monthly update on all the companies under the SingularityNET umbrella.
A New Era of Investing in Traditional Assets with Tokenization where our Quant Analyst, Nejc Znidar, covered RWAs onchain with Tiamonds.
Check out these interviews ๐น๏ธ๐ค
How Liquidity Is Driving 2024's Bull Market where our CEO Cloris Chen shared her thoughts on all things bull market with Mindplex.
Inside SingularityNET | May 2024 interview with our CEO giving a monthly update.
An especially exciting one was with The Room of Eljaboom, where our Quant Analyst, Nejc Znidar, candidly talked to the gracious host, Eljaboom, about all things Cogito:
IRL Events
Our Head of BD, Kenneth Ng, attended Bitcoin Asia. Read his insights here. | Our Comms & Partnerships Lead, Sandra Grabowiec, attended Berlin Blockchain Week. Here are the insights. |
Market updates
โ[I] see tokenization as a growing trend due to the sheer benefits of "digitizing the lifecycle" of asset issuance, which not only improves firms' operating efficiency but also liquidity by potentially bringing in a wider group of investors.โ
- Matthew McDermott, Global Head ofโฆ x.com/i/web/status/1โฆ
โ Cogito Finance (@CogitoFi)
8:31 PM โข May 30, 2024