Deutsche Bank to Build a L2 Blockchain on Ethereum
In the recent rush of increased interest in the digital asset sector, $1.5 trillion Deutsche Bank has announced that it is building a layer-2 (L2) blockchain on Ethereum. Indeed, the investment bank has announced that it is set to use ZKsync to confront regulatory challenges firms face when using the technology in finance, according to Bloomberg. The new network is part of the firm’s Project Dama 2, which was first unveiled in November. Moreover, its development is looking to address ways to ensure transaction efficiency, security, regulatory safeguards, and integration with Ethereum. JUST IN: $1.5 trillion Deutsche Bank builds L2 blockchain on Ethereum, Bloomberg reports. — Watcher.Guru (@WatcherGuru) December 18, 2024 Also Read: Deutsche Bank Says 28% of BRICS Trade Settled in Cryptocurrency $1.5 Trillion Deutsche Bank Building a Layer-2 Network on Ethereum 2024 has proven to be an unforgettable year for crypto. In January, the United States approved its first crypto-based ETF ...