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Deutsche Bank, Memento Blockchain, and Interop Labs printed a litepaper on June 17 outlining plans for Digital Asset Management Access 2 (DAMA 2), a tokenization platform supposed to function on public blockchains and facilitate the issuance of regulated funds.
According to the paper, DAMA 2 would hyperlink three layers: Ethereum (ETH) would act as the settlement base, Memento Blockchain’s ZKsync-based layer-2 would course of transactions with zero-knowledge privateness safeguards, and a top-layer interface would supply an app retailer with ready-made fund good contract templates.
The idea is framed as Blockchain-as-a-Service, permitting issuers to launch merchandise without the want to construct protocol groups.
To help cross-chain exercise, DAMA 2 would combine Axelar Network’s Interchain Token Service, enabling interoperability with more than 70 blockchains. This multichain setup would give issuers a single dashboard to lock, mint, and burn tokens across networks while preserving fungibility.
The litepaper confirms Deutsche Bank’s earlier initiative, first reported on Dec. 17 last 12 months, to tackle regulatory limitations tied to public blockchains, utilizing ZKsync know-how to lower prices and increase effectivity.
The companions count on to ship a minimal viable product in the second half of 2025, though no particular launch date has been given.
Regulatory alignment and rollout
Boon-Hiong Chan, Deutsche Bank’s innovation lead for securities and know-how advocacy, mentioned the mission demonstrates how public blockchains have matured for institutional finance and how utilized applied sciences can obtain resilience and compliance through a single platform. He added that acquainted workflows and low studying curves stay important for adoption.
The litepaper describes modular compliance instruments, on-chain investor registries, and expense administration options. Privacy would be managed through allowlisted wallets and non-public RPC endpoints, while Axelar’s hub-and-spoke mannequin could isolate compromised chains if obligatory.
Axelar co-founder Sergey Gorbunov known as DAMA 2 a compliant pathway for establishments to enter the digital belongings area and scale securely across a number of blockchains, noting that vendor fragmentation and remoted liquidity stay business challenges.
Settlement finality would tie back to Ethereum proofs, and authorized agreements would outline clear switch factors on layer-2 networks.
Nicola Lanteri, CEO of Memento Blockchain, mentioned the deliberate Memento ZK Chain would mix a permissioned sequencer with zero-knowledge proofs to give establishments predictable management while preserving the openness of public blockchain networks.
The litepaper initiatives that asset managers could faucet into an estimated $84 trillion intergenerational wealth switch by 2045, citing Cerulli Associates, and positions DAMA 2 as a approach to attain digital-native traders.
The put up DAMA 2: Deutsche Bank unveils institutional tokenization stack to fast-track regulated funds appeared first on CryptoSlate.
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