Ethereum-Powered Innovation: Deutsche Bank Launches DAMA 2 for Tokenized Regulated Funds
Deutsche Bank has taken a significant step forward in the integration of traditional finance with blockchain technology by unveiling its Digital Asset Management Access 2 (DAMA 2) platform. Developed in partnership with Memento Blockchain and Interop Labs, DAMA 2 is designed to facilitate the issuance of regulated funds on public blockchains, with ethereum (ETH) serving as the settlement layer. The platform utilizes Memento's ZKsync-based layer-2 solution for private transactions, ensuring both efficiency and compliance. This initiative, detailed in a June 17 litepaper, highlights the growing adoption of blockchain by institutional players and underscores Ethereum's pivotal role in the future of tokenized assets. As of June 2025, this development marks a bullish signal for Ethereum's ecosystem, potentially driving further demand for ETH as a foundational layer for regulated financial products.
Deutsche Bank Unveils DAMA 2 Tokenization Platform for Regulated Funds on Public Blockchains
Deutsche Bank, in collaboration with Memento Blockchain and Interop Labs, has introduced Digital Asset Management Access 2 (DAMA 2), a tokenization platform designed to streamline the issuance of regulated funds on public blockchains. The initiative, outlined in a June 17 litepaper, leverages Ethereum (ETH) as its settlement layer, Memento's ZKsync-based layer-2 for private transactions, and an app-style interface for fund smart contract deployment.
The platform adopts a Blockchain-as-a-Service model, eliminating the need for issuers to develop protocol teams. Axelar Network's Interchain Token Service will enable cross-chain interoperability across 70+ blockchains, offering a unified dashboard for token management. Deutsche Bank first signaled its intent to address regulatory hurdles on public chains in December 2023, with zksync technology central to cost reduction efforts.
A minimum viable product is slated for late 2025, though regulatory approvals remain pending. The MOVE signals growing institutional confidence in blockchain infrastructure for traditional finance applications.
Ethereum Whales Awaken: Long-Dormant Holders Begin Liquidating Stakes
Ethereum's market dynamics shifted abruptly as two major whales emerged from years of dormancy to offload substantial holdings. An early adressor unloaded 501 ETH ($1.29 million) after a two-year hiatus, retaining 8,052 ETH ($20.43 million) in their vault. Simultaneously, an ICO-era participant moved 2,000 ETH ($5.13 million) to Binance—their first activity in a decade.
The transactions coincided with volatile price action. ETH surged 6.65% to $2,680 before retreating 5% to $2,580, reflecting renewed selling pressure. Blockchain analysts note these movements follow a pattern: the "OG" whale previously executed test transfers before larger sales during 2023's market cycle.
Such awakenings often signal turning points. As Lookonchain data reveals, the mere reactivation of vintage wallets can Ripple through derivatives markets and liquidity pools. The retained positions suggest strategic partial exits rather than full capitulation—a nuance traders monitor for clues about long-term holder sentiment.
Ethereum Holds Steady Amid Market Uncertainty, Eyes $3,000 Resistance
Ethereum (ETH), the backbone of decentralized finance and smart contracts, remains a cornerstone of the crypto market despite recent volatility. As of June 17, 2025, ETH trades at $2,554.38, down 2.13% daily amid geopolitical tensions. The asset shows resilience, holding above $2,500 with technical indicators suggesting potential bullish momentum.
Key resistance at $3,000 looms as support firms NEAR $2,400. A sustained break above $2,770 could pave the way for testing higher levels. Network upgrades, Layer-2 adoption, and macroeconomic factors will shape ETH's trajectory through 2025, with projections hinting at a possible all-time high of $5,925.
GENIUS Act Positions ETH at the Center of Tokenized Finance, Says Wall Street Veteran
Ethereum's ETH surged above $2,500 as Asia's trading day began, buoyed by the U.S. Senate's bipartisan passage of the GENIUS Act. The legislation has thrust Ethereum into the spotlight of institutional finance, with Wall Street veterans like Vivek Raman, founder of Etherealize, actively educating banks and buy-side firms on its tokenization potential.
Raman, who has been shuttling between Wall Street institutions, emphasizes Ethereum's role as neutral collateral and its foundational LAYER for asset tokenization. "It's an amazing job running from bank to bank explaining how L2s work and why everything flows through ether," he told CoinDesk during a break at Brookfield Place.
Despite Ethereum's decade-long existence, institutional interest has only recently intensified. Raman's firm, Etherealize, focuses on bridging this knowledge gap, highlighting ETH's value as a settlement layer. The GENIUS Act appears to be accelerating this institutional embrace, marking a pivotal moment for Ethereum's integration into traditional finance.
JP Morgan to Launch JPMD Deposit Token on Coinbase's Base Blockchain
JP Morgan Chase is advancing its blockchain strategy with the planned launch of JPMD, a permissioned deposit token designed for institutional clients. The token will operate on Coinbase's Base blockchain, an Ethereum Layer 2 solution, offering 24/7 settlement capabilities and interest-bearing features.
Unlike public stablecoins like USDT or USDC, JPMD will function as a closed-loop system exclusively for JP Morgan's institutional network. The bank positions the token as a bridge between traditional banking and digital asset efficiency, emphasizing faster cross-border transactions and seamless integration with existing deposit products.
Naveen Mallela of JPMorgan's blockchain unit Kinaxis highlighted the token's dual utility for on-chain settlements and B2B payments. The move signals growing institutional demand for blockchain-based treasury management solutions that maintain regulatory compliance while leveraging distributed ledger technology.
Ethereum Whales Accumulate $2.5B in ETH, Signaling Potential Bull Run
Ethereum is flashing bullish signals as large-scale investors aggressively accumulate the asset amid price declines. Blockchain data reveals whales purchased $2.5 billion worth of ETH in a single day—the largest daily net accumulation since 2018.
The stealth buying spree pushed total whale holdings above 14 million ETH, reversing a multi-year downtrend. This pattern mirrors 2017 accumulation behavior that preceded Ethereum's historic rally, suggesting institutions may be positioning for a major upward move.
Glassnode's analytics highlight strategic accumulation during price dips, a hallmark of sophisticated investors anticipating breakout potential. The timing coincides with growing ETF inflows and institutional adoption, creating fundamental support for the technical setup.