CoinVoice has learned that Deutsche Bank launched a test version of its asset servicing pilot project Dama 2 in November, which includes Layer 2 that connects to Ethereum. This platform aims to address the regulatory challenges faced by financial institutions when attempting to use public blockchains, such as the risk of inadvertently transacting with criminals or sanctioned entities.
Dama 2 is part of the Monetary Authority of Singapore's Project Guardian, which involves 24 major financial institutions testing methods for tokenizing assets using blockchain technology. The Dama 2 platform is developed in collaboration with crypto companies Memento Blockchain Pte. and Interop Labs, utilizing ZKsync technology. The bank hopes to launch it as a minimum viable product (MVP) next year after obtaining regulatory approval. [Original link]