Deutsche Bank has released the DAMA 2 litepaper, outlining a comprehensive framework for institutional onchain finance. The system employs a three-layer architecture:
- Layer 1: Ethereum base layer
- Layer 2: Memento ZK Chain (permissioned zkSync chain with Prividium)
- Layer 3: Application layer for fund issuance and servicing
The platform aims to provide privacy, compliance, and scalability for institutional users. A minimum viable product (MVP) is scheduled to launch at Singapore Fintech Festival 2025.
Key collaborators include:
- zkSync (L2 technology)
- Memento Blockchain
- Deutsche Bank
- Axelar
The DAMA 2 litepaper is live. @zksync 🤝 @Memento_Bc 🤝 @DeutscheBank 🤝 @axelar DAMA 2 is built as a layer 1–2–3 stack that’s private, compliant, & multichain: L1: Ethereum L2: Memento ZK Chain - a permissioned ZKsync Chain built on @zksync Stack, leveraging Prividium L3:
Memento ZK Chain: The world's first live blockchain built WITH institutions, FOR institutions! 🏛️ Co-authored with @DeutscheBank & @axelar, our DAMA 2 interim report explains how we enable compliant tokenization of funds, stablecoins & RWAs. $DEXTF 📄 bit.ly/PR_DAMA2_Inter…
ICYMI: the DAMA 2 litepaper provides the blueprint for a one-stop shop for onchain finance. @zksync powers the L2 via ZKsync Stack + Prividium enabling privacy, compliance, & scale. Official press release from @DeutscheBank: db.com/news/detail/20… Shout out @WeiShenWong with
ZKsync Joins Blockworks Transparency Alliance as Early Protocol Adopter
**ZKsync has been listed as one of the first protocols on Blockworks' newly launched Transparency Alliance.** The Token Transparency Framework provides a standardized way for protocols to communicate essential information to the market. ZKsync was previously recognized as the first Layer 2 solution featured in this framework. **Key points:** - ZKsync among initial protocols joining the Transparency Alliance - Framework establishes standardized disclosure of critical protocol information - Initiative aims to bring greater transparency to the crypto market The Transparency Alliance represents an industry effort to create consistent standards for protocol disclosures and token information.
Institutions Building Their Own Blockchains Like Websites
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zkSync Releases Airbender Prover for Institutional Adoption
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Across Protocol Joins OpenZeppelin Continuous Security Program

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ZKsync Staking Pilot Season 1 Concludes with 350M $ZK Staked
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