The concept is framed as Blockchain-as-a-Service, allowing issuers to launch products without the need to build protocol teams.
The partners expect to deliver a minimum viable product in the second half of 2025, though no specific launch date has been given.
Boon-Hiong Chan, Deutsche Bank’s innovation lead for securities and technology advocacy, said the project demonstrates how public blockchains have matured for institutional finance and how applied technologies can achieve resilience and compliance through a single platform. He added that familiar workflows and low learning curves remain essential for adoption.
The litepaper describes modular compliance tools, on-chain investor registries, and expense management features. Privacy would be managed through allowlisted wallets and private RPC endpoints, while Axelar’s hub-and-spoke model could isolate compromised chains if necessary.
Settlement finality would tie back to Ethereum proofs, and legal agreements would define clear transfer points on layer-2 networks.
Nicola Lanteri, CEO of Memento Blockchain, said the planned Memento ZK Chain would combine a permissioned sequencer with zero-knowledge proofs to give institutions predictable control while preserving the openness of public blockchain networks.
The litepaper projects that asset managers could tap into an estimated $84 trillion intergenerational wealth transfer by 2045, citing Cerulli Associates, and positions DAMA 2 as a way to reach digital-native investors.
