Good morning, good afternoon, and good evening to everyone across the globally distributed DeFi network. We're glad you're here.

From the Singularity family to yours, we wish you a wonderful holiday season!

This has been our most productive year to date, and we are incredibly proud of all we've accomplished. The cryptocurrency industry has gained significant momentum, and global traction is moving in the right direction.

We are poised to capture this market share and capitalize on this financial transformation.

In this newsletter, we’ll recap the highlights and milestones we’ve achieved over the past year, as well as our 2025 plans.

Thank you for being a subscriber. See you next year!

As a reminder, Singularity’s mission is to enable liquid funds, venture funds, and institutions to have discretion and maintain the confidentiality of their on-chain strategies in a compliant manner.

2024 Recap

Product and Tech Advancements:

• Deployments

  • Multichain deployments: We first deployed to Ethereum mainnet, followed by Arbitrum, Base and Bouncebit marking our first iteration of our core privacy horizontal infrastructure.

  • Strategic Deployment on SeaSeed Network: Collaborated with Seaseed, an RWA-focused L1, leveraging our privacy tech stack to benefit its end users.

• Integrations:

  • Rocketpool: Integrated Rocketpool to provide our users with access to decentralized ETH staking solutions and earn staking rewards.

  • Curve: Curve's integration with Singularity allows users to swap stablecoins at favorable rates directly through our platform.

  • Uniswap: By integrating Uniswap, users can engage in normal Uniswap actions via Singularity by accessing the lit pools in a private manner.

  • Aerdrome: Integrated Base’s top DEX for users to access the lit pools in a private manner.

  • Sablier: Integrated Sablier to enable private vesting and payments.

• Tech Advancements:

  • SDK Released: Launched SDKs to allow seamless integration of our privacy technology into protocols and DApps backends.

  • Launched the Notes Management Tool: Introduced a Google Chrome extension to improve navigation and user experience.

• Use Cases:

  • OTC Swap: Buyers and sellers can settle their OTC transactions securely through our private OTC swap feature, which offers zero counterparty risk and leaves no on-chain footprint.

  • Introduction of the Unified Compliance Oracle: Solved our own pain point by allowing users to complete KYC/KYB once, enabling multi-ecosystem verification without repeated prompts.

  • Created first Private Vesting and Payment solution: Introduced the first Private Vesting solution via our integration with Sablier, setting a new industry standard.

  • LP/Staking/Swaps: Users can LP, stake, and swap as they normally would in lit pools but remaine private when users utilize Singularity.

• Security:

  • Audits: Undertook rigorous audits with Zellic and Three Sigma, which we passed with flying colors, reinforcing the security and reliability of our solutions. Reports here.

  • AI/ML Monitoring: We contracted Cube3AI, which is a service that utilizes ML algorithms to monitor and stop in real-time malicious activities before they occur.

Growth:

• Institutional users: 10+ funds and institutional entities have completed onboarded or are in the process of onboarding.

• Compliant Staking Campaign: Launched a limited time Compliant Staking Campaign to incentivize user deposits, successfully gathering over $2M in volume and 1000+ KYC'd wallets

• Conferences: Marked our presence at significant industry events such as ETHDenver, Consensus in Austin, Token 2049 in Singapore, and The Bridge Institutional Conference in NYC.

  • At Token2049 we co-hosted a happy hour and featured in a panel and participated on a panel at Bridge Institutional as well.

Strategic Partnerships:

• Compliance Oracle Partners: We are now integrated with Keyring, zkMe and Synaps and will continue to grow our compliance oracle partners to increase our reach to existing KYB/KYC'd users and to reduce KYB/KYC friction for new users.   

• Quantlytica: Part of our compliant staking campaign we teamed up with Quantlytica to introduce a vault where users could deposit ETH to earn rewards and boost our TVL.

• Toros: Similar to Quantlytica we partnered with Toros to launch a vault that accepts ETH and sgETH deposits, which were pooled into a liquidity pool on Uniswap V3 on Arbitrum to earn yield and points.

• More in the pipeline to announce next year!

2025 Outlook and Beyond:

• Launching our Orderbook Darkpool: Everything that we have developed so far is towards building and launching our decentralized, orderbook darkpool. This is by far our most challenging build but we are very excited to bring to market an institutional grade decentralized, orderbook darkpool with some innovative cryptography whilst ensuring security.

• Institutional growth: We have already started to onboard institutional funds and market makers for the orderbook darkpool and will continue to be focussed on growing our liquidity network. 

• Strategic Partnerships and Protocol Expansions: We have a strong pipeline of protocol and dApp partnerships, all looking for compliant privacy solutions. 

• Ongoing frontend and UI enhancements: Thank you to everyone who's provided feedback on our UI - we hear you! We will be working with our institutional users to enhance and revamp our UI to reduce onboarding and operational friction. 

Thank you for being part of this journey in 2024. We’re excited for another year of growth in 2025! Stay tuned.

Integrations, partners, investors, and users are all welcome to connect with the team.

Thanks for reading our end of the year update! Happy Holidays and a Happy New Year! 🎇

🟢 The Singularity team