Deutsche Bank Unveils Public Blockchain Platform for Fund Tokenization
Deutsche Bank, Interop Labs, and Memento Blockchain have jointly introduced a new framework for regulated fund tokenization on public blockchains.
The trio outlined the initiative—Digital Asset Management Access 2 (DAMA 2)—in a litepaper released on June 17.
Modular Blockchain Stack for Regulated Assets
DAMA 2 aims to simplify how financial institutions issue tokenized funds. The system integrates three functional layers: Ethereum provides settlement infrastructure, while a ZKsync-based Layer-2 from Memento Blockchain handles transactions with privacy protections via zero-knowledge proofs. On top of this, users interact with a customizable front-end interface featuring pre-built smart contract templates.
This setup allows DAMA 2 to offer Blockchain-as-a-Service capabilities, eliminating the need for issuers to build blockchain engineering teams. The goal is to streamline deployment for institutions looking to tokenize traditional financial products in a compliant, transparent environment.
Interoperability Across 70+ Blockchains
To enable multichain operability, the DAMA 2 architecture will include Axelar Network’s Interchain Token Service, supporting seamless token movement across more than 70 networks. Issuers can manage cross-chain assets from a single dashboard, using tools to lock, mint, and burn tokens while maintaining consistent token standards across chains.
This interoperable foundation positions DAMA 2 as a potential infrastructure standard for regulated digital finance, bridging traditional asset management with decentralized networks.
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