Mindplex Podcast Episode 28: Cloris Chen — AI Portfolio Management
Learn how Cogito Finance is making investment in traditional finance easier with its tokenized assets on the blockchain and AI Portfolio Management.
Join us with special guest Cloris Chen, and your co-hosts Lisa Rein and Desdemona Robot.
Watch the show here.
Episode 28: AI Portfolio Management
Learn about AI Portfolio Management and how Cogito Finance is pioneering the intersection of traditional finance (TradFi) and decentralized finance (DeFi) by offering institutional-grade, tokenized investment products. Their mission is to enhance liquidity, security, and transparency in financial investments by leveraging blockchain technology. Through tokenizing traditional assets and making them available on-chain, Cogito aims to bridge the gap between conventional investment avenues and the burgeoning world of DeFi.
In collaboration with SingularityNET, Cogito employs AI-powered trading strategies to optimize investment returns, showcasing their commitment to innovation in asset management.
As Ben Goertzel explains:
“Cogito is the SingularityNET ecosystem’s first serious foray into the massive growth sector of tokenized Real World Assets. I’m particularly excited about the Cogito XFUND product which we are currently prototyping and experimenting with, which uses some unique neural-symbolic AI technology we’re developing in collaboration with SingularityNET and SingularityDAO to predict the direction and volatility of tech-related assets.
This is using advanced technology to predict the progress of advanced technology — a really interesting and important aspect of pushing the global economy itself toward intelligence as we move through the last few years before Singularity.”
Use Cases and Integration
Cogito’s products find their utility across various sectors, including DAOs, DeFi protocols, and traditional financial institutions. For DAOs, the platform offers an opportunity to diversify treasuries with stable and low-risk T-Bills. DeFi protocols can integrate Cogito’s tokenized assets to enhance their yield offerings.
Meanwhile, traditional institutions can leverage the platform to access blockchain’s benefits, such as reduced costs and increased efficiency, while engaging with mature financial products.
Cogito’s product lineup is designed to cater to various investor needs, from those seeking stability in government bonds to those aiming for sustainable investment through green bonds or high returns in tech and AI equities.
TFUND: This fund focuses on short-term sovereign government bonds, including U.S. Treasury Bills, known for their low risk and high liquidity. With an Annual Percentage Yield (APY) of 5%, and minimal fees for management, minting, and redemption, TFUND is an attractive option for investors with a low risk appetite.
GFUND: Aimed at supporting environmental projects, GFUND invests in a basket of green bonds through the BlackRock iShares USD Green Bond ETF. It offers an APY of 5.2%, embodying a sustainable investment ethos, giving investors exposure to U.S. dollar-denominated, investment-grade green bonds whose proceeds are exclusively applied to projects or activities that promote climate or other environmental sustainability purposes.
XFUND: XFUND caters to high-risk appetite investors by focusing on tech and AI equities. This fund illustrates Cogito’s ambition to truly stand at the intersection between AI and tokenized financial assets: under the leadership of Ben Goertzel, co-founder and Chief Scientist of Cogito, artificial intelligence is leveraged to help balance XFUND portfolios.
About Cloris Chen
Cloris worked for HSBC corporate banking in Hong Kong and Bangkok for six years, developing a strong network in Asia Pacific and gaining competence in financial products and risk management.
She also managed a fund of over $150 million and successfully diversified investments across numerous assets as treasury director for a unicorn firm.
About Mindplex
The Mindplex Podcast team invites you to join them as they contemplate and learn about this fascinating world. They look forward to meeting you so you can help each other understand the true nature of all the challenges involved as we work together to create a Benevolent Singularity.
The Mindplex Podcast and Mindplex Magazine — are both part of the Mindplex decentralized media platform spin-off powered by SingularityNet
We invite you to check out the Mindplex website, set up a profile, and perhaps even contribute to the magazine.
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