Golden Finance reports that German financial giant Deutsche Bank is developing an Ethereum Layer 2 blockchain network based on ZKsync technology. The project aims to address the compliance challenges of public blockchains in regulated finance by improving transaction efficiency and enhancing regulatory compliance. The development is part of the Project Guardian project promoted by the Monetary Authority of Singapore (MAS), and Deutsche Bank’s L2 network has been named Project Dama 2. The project brings together 24 financial institutions to explore the possibility of tokenizing blockchain assets.