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Three AI-Crypto Firms Are Said to Be Close to a Deal to Merge Tokens

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Three blockchain-based AI companies are in talks to merge their cryptocurrency tokens, a move aimed at helping them develop a decentralized AI platform.

SingularityNET, Recover.ai AND Ocean Protocol are discussing merging their tokens into an ASI token that would have a fully diluted value of about $7.5 billion, according to people familiar with the matter. The deal, which could be announced as early as Wednesday, would depend on approval from members of each community, said the people, who asked not to be identified because the information was private.

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