Excella and Deutsche Bank Collaborate on Singapore Central Bank's Project Dama2 Excella (AXL), a blockchain interoperability protocol, has joined forces with Deutsche Bank to contribute to Project Dama2, a national blockchain initiative spearheaded by the Monetary Authority of Singapore (MAS). This partnership aims to explore the integration of tokenized services and traditional financial assets, addressing inefficiencies and delays prevalent in the existing financial system. "Exchanging assets is paramount in both traditional and blockchain finance," said Georgios Vlachos, co-founder of Excella. "Together with Deutsche Bank, we're seeking ways to seamlessly connect blockchain assets with those in the public blockchain." Project Dama2 is designed to foster collaboration and innovation within the blockchain ecosystem, facilitating the development of interoperable blockchain solutions. The collaboration between Excella and Deutsche Bank highlights the growing recognition of blockchain's potential to transform the financial industry and drive economic growth.