2025-02-04 14:00:28

Singularity Finance Partners with Functionland to Strengthen Developer Infrastructure and Web3 Expansion

Dubai, UAE, February 4th, 2025, Chainwire

Singularity Finance is reinforcing its position as the go-to blockchain for AI and real-world asset tokenisation through a new partnership with Functionland, a Web3 infrastructure provider operating under the Crestal brand. This collaboration marks the onboarding of Crestal into the SFI ecosystem, in alignment with SFI’s broader vision of integrating advanced AI technology with real-world assets (RWA) and decentralised finance (DeFi).

Integrating Web3 Infrastructure into the SFI Ecosystem

The SFI ecosystem is a collaborative framework designed to support projects building on SFI or offering services that enhance blockchain adoption. Functionland, operating under the Crestal brand, provides a Web3 infrastructure platform that simplifies the process of discovering, designing, and deploying blockchain solutions. As part of the partnership, Crestal will integrate with the SFI ecosystem, allowing developers to leverage its tools to build optimised blockchain architectures from scratch to mainnet deployment.

Strengthening Blockchain Development on SFI

The onboarding of Crestal into the SFI ecosystem aligns with the broader goal of fostering innovation and strategic expansion through direct integration and solution support. The modular “Lego platform” developed by Crestal enables developers to design blockchain applications with increased efficiency and flexibility. By working within the SFI framework, Crestal will contribute to the growth and accessibility of Web3 solutions within the ecosystem.

“Bringing Crestal into the SFI ecosystem is an important step in enhancing the infrastructure available to developers,” said Amaury Dalleur, Head of Incubation at Singularity Finance. “Their expertise in simplifying blockchain deployment aligns with SFI’s mission to provide seamless solutions for decentralised AI and RWA tokenisation. We are excited to collaborate on technology and to see the FULA token launch on the SFI mainnet as part of this partnership.”

Exploring Strategic Growth Opportunities

As an official ecosystem partner, Crestal and SFI will work together to explore mutual opportunities for strategic expansion. This includes potential integrations and collaborative efforts aimed at fostering innovation across Web3 development, AI, and decentralised finance. By leveraging SFI’s compliant RWA tokenisation framework and Crestal’s blockchain infrastructure, the partnership aims to create an environment that supports emerging blockchain applications.

“Singularity Finance provides the ideal ecosystem for Crestal’s blockchain infrastructure to thrive,” said Ehsan Shariati, Founder at Functionland. “We look forward to working together to simplify blockchain development and support the broader adoption of decentralised solutions.”

A Shared Vision for the Future of Web3

The partnership between SFI and Crestal reinforces a shared commitment to driving blockchain adoption through scalable and accessible technology. Both parties will continue exploring ways to support the Web3 community, providing the necessary tools and infrastructure to facilitate long-term growth within the ecosystem.

About Functionland

Functionland, operating under the Crestal brand, is a Web3 infrastructure provider that simplifies blockchain development. It provides a modular platform that enables developers to create, test, and deploy blockchain applications efficiently.

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About Singularity Finance

Singularity Finance is the first AI-centric EVM-compatible Layer 2 blockchain bringing the AI economy on-chain. It offers a fully compliant RWA tokenisation framework to tokenise and monetise the AI value chain in its entirety. Stemming from the SingularityNET ecosystem and closely tied to the Artificial Superintelligence Alliance, Singularity Finance is poised to become the financial chain for everything AI.

Learn more at: https://www.singularityfinance.ai/