Deutsche Bank, Memento Blockchain and Interop Labs published a Litepaper on June 17 describing plans for access to digital asset management 2 (DAMA 2), a tokenization platform intended to operate on public blocks and to facilitate the delivery of regulated funds.
According to the newspaper, Dama 2 connects three layers: Ethereum (ETH) would serve as a settlement basis, layer 2 of the Memento blockchain, layer 2 based on Zksync, would process transactions with zero knowledge confidentiality guarantees, and an interface superior to the layer would offer an application store with intelligent funds of ready -to -use funds.
The concept is formulated as blockchain as a service, allowing issuers to launch products without the need to build up protocol teams.
To support the cross -activity, Dama 2 would integrate the Interchain Network interchain token service, allowing interoperability with more than 70 blockchains. This multi -hole configuration would give transmitters a single dashboard to be locked, mint and burn tokens on networks while preserving fungibility.
Litepaper confirms that the previous initiative of Deutsche Bank, reported for the first time on December 17 of last year, to approach regulatory obstacles linked to public blockchains, using ZKSYNC technology to reduce costs and increase efficiency.
The partners expect to deliver a minimum viable product to the second half of 2025, although no specific launch date has been given.
Regulatory alignment and deployment
Boon-Hiong Chan, responsible for the innovation of Deutsche Bank for the plaid on securities and technological, said that the project demonstrates how public blockchains have matured for institutional finance and how applied technologies can carry out resilience and compliance via a single platform. He added that familiar workflows and weak learning curves remain essential for adoption.
Litepaper describes modular compliance tools, chain investor registers and spending management features. Confidentiality would be managed by portfolios on Listt and private RPC termination points, while the Concentrator and Ray of Axecarer could isolate the compromised channels if necessary.
The co-founder of Axular, Sergey Gorbunov, qualified Dama 2 a compliant path for institutions to enter into the space of digital assets and evolve safely on several blockchains, noting that the fragmentation of suppliers and isolated liquidity remain challenges of the industry.
The purpose of the regulations would be linked to Ethereum evidence, and the legal agreements would define clear transfer points on layer 2 networks.
Nicola Lanceri, CEO of Memento Blockchain, said that the planned Memento ZK channel would combine an authorized sequencer with evidence of zero knowledge to give institutions a predictable control while preserving the opening of public blockchain public networks.
The LitePaper projects that asset managers could exploit an intergenerational wealth transfer of 84 billions of dollars by 2045, citing Cerulli Associates and positions Dama 2 as a means of reaching digital-native investors.
