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.
Kosta Gushterov
Reporter at Coindoo
Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.
