**Deutsche Bank Ventures into Blockchain with Project Dama 2**
Deutsche Bank is diving into blockchain, developing its own layer-2 (L2) solution on Ethereum using ZKsync technology. This initiative, part of Project Dama 2, aims to tackle compliance issues in regulated finance and is integrated with Ethereum for improved transaction efficiency and regulatory safeguards.
Project Dama 2 is under Singapore’s Project Guardian, involving 24 financial institutions exploring blockchain asset tokenization. Deutsche Bank’s platform will feature trusted validators and regulatory oversight to minimize risks. The bank plans to launch a minimum viable product by 2025, pending regulatory approval.