Deutsche Financial institution, Memento Blockchain and Interop Labs introduced a lawsuit on June seventeenth outlining the plan for Digital Asset Administration Entry 2 (DAMA 2) that works on public blockchains and goals to facilitate the issuance of regulatory funds.

In keeping with the paper, DAMA 2 hyperlinks three layers: Ethereum (ETH) acts as a fee base, Memento Blockchain’s Zksync-based Layer-2 handles transactions with zero-recognition privateness safeguard, and the highest layer interface offers an app retailer with templates for off-the-shelf fund sensible contracts.

This idea is assembled as a blockchain as a service, permitting publishers to launch merchandise with out the necessity to construct a protocol workforce.

To assist cross-chain exercise, DAMA 2 integrates the interchain token service of Axelar networks, enabling interoperability with over 70 blockchains. This multi-chine setup permits the writer to offer a single dashboard, locking, mintting and burning tokens throughout the community.

LitePaper critiques Deutsche Financial institution’s earlier initiative, first reported on December seventeenth final yr, and confirms that it’s going to deal with regulatory boundaries associated to public blockchains to make use of ZKSYNC expertise to scale back prices and improve effectivity.

Companions count on to offer the smallest viable product within the second half of 2025, however no particular launch dates have been given.

Regulation alignment and improvement

Boon-Hiong Chan, lead innovation for securities and expertise advocacy at Deutsche Financial institution, mentioned the venture demonstrates how public blockchains mature via a single platform and the way utilized applied sciences can obtain resilience and compliance. He added that acquainted workflows and low studying curves stay essential to adoption.

LitePaper explains modular compliance instruments, on-chain investor registry, and expense administration options. Privateness is managed via Alloplisted Pockets and Non-public RPC endpoints, however Axelar’s hub-and-spoke mannequin might separate compromised chains if needed.

Axelar co-founder Sergey Gorbunov calls DAMA 2 a compliant pathway for establishments to enter the digital asset house and safely broaden to suit a number of blockchains, noting that vendor fragmentation and remoted liquidity stay trade challenges.

The finality of the settlement returns to Ethereum proof, whereas the authorized contract defines clear switch factors for the Layer 2 community.

Memento Blockchain CEO Nicola Lanteri mentioned the deliberate Memento ZK chain will mix permitted sequencers with zero information proofs to present establishments to predictable management whereas sustaining the openness of public blockchain networks.

Lightpaper positions Dama 2 as a means for asset managers to leverage an estimated $84 trillion intergenerational wealth switch by 2045 to quote Cerulli Associates and to contact digital native traders.

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