Deutsche Bank is collaborating with Interop Labs to develop DAMA 2, a Layer 2 network based on ZKsync technology. The project, part of Project Guardian led by the Monetary Authority of Singapore, aims to improve transaction efficiency and regulatory oversight in regulated finance. DAMA 2 leverages Memento Blockchain's ZKchain and Axelar's cross-chain interoperability solutions to simplify multi-chain fund allocation for asset managers. The integration of off-chain assets with the on-chain ecosystem is intended to bridge the gap between traditional financial systems and blockchain technology.



Other News from Today