🚀 Deutsche Bank is developing L2 blockchain on Ethereum with ZKsync technology to address compliance challenges in finance.
🔹 Project Dama 2 is part of Singapore's Project Guardian, in collaboration with 24 financial institutions to explore asset tokenization.
🔹 This solution helps improve transaction efficiency and ensures regulatory compliance, with special oversight from regulatory agencies.
🔹 If successful, it could encourage financial institutions to interact more with decentralized networks.
🤝 The bank has partnered with Crypto.com to provide banking services in the Asia-Pacific region, and is considering expanding collaboration in the UK and Europe.
💬 What do you think about this move by Deutsche Bank? Share your thoughts!