Deutsche Bank, Germany’s largest credit institution, is developing its own layer-2 (L2) blockchain on Ethereum using ZKsync technology. The move aims to address compliance challenges associated with the use of public blockchains in regulated finance. The project is part of the Monetary Authority of Singapore’s Project Guardian initiative, which will allow 24 financial institutions to explore blockchain-based asset tokenization. Deutsche Bank’s initiative represents a trend toward blockchain technology adoption in the financial sector. Share your views in the comments.