🎉 Deutsche Bank is diving into the blockchain pool with its own layer-2 (L2) solution on Ethereum, using ZKsync tech to tackle compliance hurdles in regulated finance. Dubbed Project Dama 2, this initiative is part of Singapore's Project Guardian, uniting 24 financial giants to explore blockchain-based asset tokenization.
- The bank's L2 aims to blend blockchain transparency with regulatory needs, potentially inspiring others to jump on the decentralized bandwagon.
- With a partnership with Crypto.com, Deutsche Bank is expanding its crypto services in Asia-Pacific, hinting at more European collaborations.