Deutsche Bank Enters the Blockchain! According to reports, this German financial giant is developing an Ethereum Layer 2 blockchain network based on ZKsync technology, named Project Dama 2. This move aims to enhance transaction efficiency while strengthening regulatory compliance to address the challenges of public blockchains in the regulated financial sector. 💼🔗

The project is part of the Project Guardian initiative promoted by the Monetary Authority of Singapore (MAS), which brings together 24 financial institutions to explore the potential of tokenizing blockchain assets. 🌐 This marks a growing interest from traditional financial institutions in blockchain technology, and future developments are worth looking forward to. 📈