Memento Blockchain
Memento Blockchain is a Singapore-based firm building a permissioned ZK Layer 2 blockchain and Digital Fund Management Protocol for banks, asset managers and professional market participants to issue and settle tokenized funds with compliance-grade privacy.
- Company typePrivate
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Memento Blockchain does
Memento Blockchain is a Singapore-headquartered private company that builds institutional blockchain infrastructure for regulated financial institutions. Its core product is the Memento ZK Chain, a permissioned Layer 2 blockchain built on the ZKsync ZK Stack that uses zero-knowledge validity proofs with selective disclosure, jurisdiction controls, protocol-level KYB/KYC gates and Ethereum mainnet anchoring to deliver privacy-preserving, compliance-native settlement. Layered on top is the DFM (Digital Fund Management) Protocol, which enables on-chain creation, minting, redemption and rebalancing of tokenized investment portfolios with institutional-grade access controls, and the Memento DFM dApp serves as a self-serve front end. The company monetizes through professional services for institutional pilots, enterprise licensing of its RWA-ready architecture, and protocol-level transaction fees from institutions like Deutsche Bank, which deployed production settlement infrastructure on the Memento ZK Chain mainnet in May 2025.
The company's customer base is concentrated in regulated banking, asset management and professional market participants. The flagship customer relationship is Deutsche Bank, with whom Memento collaborated on Project DAMA (2023) and Project DAMA 2 under the Monetary Authority of Singapore's Project Guardian (2024-2025). Additional technology integrations include Axelar for cross-chain interoperability and the ZKsync (Matter Labs) ZK Stack, while the ecosystem is anchored by the $DEXTF utility token deployed across five chains. Memento operates with a small, specialized team of approximately 10-25 professionals combining ZK cryptography and capital markets expertise, led by five co-founders including CEO Nicola Lanteri and CTO Fabrizio Audisio.
Memento Blockchain firmographics
Firmographics- Name
- Memento Blockchain
- Legal name
- Memento Blockchain Pte Ltd
- Website
- https://mementoblockchain.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Memento Blockchain is a Singapore-based firm building a permissioned ZK Layer 2 blockchain and Digital Fund Management Protocol for banks, asset managers and professional market participants to issue and settle tokenized funds with compliance-grade privacy.
- Ownership category
- akta.pro rank
Memento Blockchain industry classification
Industry- Product category
- Institutional Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)
- akta.pro secondary industries
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade) (FSAPAIAI), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC), Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI)
Keywords
Where Memento Blockchain is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Memento Blockchain business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Professional Services: End-to-end delivery from initial architecture workshops and tokenization design through to smart contract development, integrations and production launch support for institutional digital asset programmes. Memento operates as a full engineering and delivery partner.
- Protocol Infrastructure Fees: As the Memento ZK Chain processes real institutional transactions (e.g., Deutsche Bank's tokenized fund settlements), transaction fee revenue accrues to the protocol. The $DEXTF token is positioned to support fee-related utility across Memento DFM and ZK Chain workflows, with governance discussions on token utility expected from November 2025 onward.
- Enterprise Licensing: RWA-ready architecture and permissioned ZK Layer 2 infrastructure offered to banks, asset managers and professional market participants. Revenue derived from licensing the Memento stack for institutional use cases, including DAMA 2 platform integration for tokenized fund issuance and settlement.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Memento Blockchain product offering
Product offeringCore offering
Memento Blockchain builds and operates institutional digital asset infrastructure centered on the Memento ZK Chain, a permissioned Layer 2 blockchain built on ZKsync ZK Stack that combines zero-knowledge validity proofs with Ethereum-anchored settlement for private, compliant on-chain finance. It complements this with the DFM Protocol, a Digital Fund Management layer enabling creation, minting, redemption and rebalancing of tokenized investment portfolios, and delivers end-to-end implementation services from architecture workshops through production deployment for banks, asset managers and professional market participants.
Product overview
Memento Blockchain offers a unified institutional digital asset infrastructure platform comprising three core products: (1) Memento ZK Chain, a permissioned Layer 2 blockchain with ZK proof-based privacy, selective disclosure, jurisdiction controls and Ethereum-anchored settlement; (2) DFM Protocol, a digital fund management layer for tokenized investment strategies enabling creation, minting, redemption and rebalancing; and (3) Services & Delivery providing end-to-end support from architecture design through production deployment. The ecosystem is powered by the $DEXTF utility token and includes reference implementations through Project DAMA and Project DAMA 2 (MAS Project Guardian). The platform is designed for banks, asset managers and professional market participants requiring compliance-native blockchain infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- Memento ZK Chain: Permissioned Layer 2 with ZK proof-based privacy, selective disclosure, jurisdiction controls and Ethereum-anchored settlement for regulated on-chain finance.
- DFM Protocol
Products and services
- Memento ZK Chain Permissioned Layer 2 execution environment built on ZKsync ZK Stack that uses zero-knowledge validity proofs and Ethereum-anchored settlement to enable private, compliant on-chain finance for regulated institutions, with protocol-level KYB/KYC gating, jurisdiction controls and selective disclosure.
- DFM Protocol Digital Fund Management layer that enables asset managers to create, mint, redeem and rebalance tokenized investment portfolios on-chain with institutional-grade access controls, transparency and lifecycle automation.
- Services & Delivery
Quantifiable outcome
- Reduced fund deployment timelines from 2-3 months to 2-3 weeks using Memento ZK Chain infrastructure with Deutsche Bank
Companies that use Memento Blockchain
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Memento Blockchain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Memento Blockchain partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Deutsche BankflagshipDeutsche Bank deployed production settlement infrastructure built on Memento ZK Chain in May 2025, launching the Memento ZK Chain on mainnet. The infrastructure integrates with Deutsche Bank's DAMA 2 platform for tokenized fund issuance and settlement to Ethereum using zero-knowledge validity proofs. Deutsche Bank and Memento collaborated on Project DAMA (2023) and Project DAMA 2 (MAS Project Guardian, 2024), with DAMA 2 Interim Report published June 2025.
- zkSync (Matter Labs)coreMemento ZK Chain leverages the ZKsync ZK Stack, a modular and secure framework of ZK-powered components. Memento is a permissioned Layer 2 built on ZKsync's technology, with the Atlas upgrade delivering improved throughput and lower execution costs. The integration provides Ethereum-anchored settlement and ZK validity proofs.
- Monetary Authority of Singapore (MAS)flagshipMemento participated in MAS Project Guardian Asset & Wealth Management workstream alongside Deutsche Bank, developing open architecture and interoperable zero-knowledge Layer 2 for asset tokenization applications. Project DAMA 2 officially unveiled at Singapore Fintech Festival November 2024.
- AxelarcoreDAMA 2, led by Deutsche Bank and powered by Memento's ZK Chain and Axelar's cross-chain interoperability, enables seamless interoperability of digital cash and asset/fund legs between multiple chains. Axelar provides the cross-chain messaging infrastructure enabling multi-blockchain fund distribution.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Memento Blockchain competitors and assessment
Company assessmentOthers
- ZKsync (Matter Labs): ZKsync is Memento's underlying ZK Stack technology provider and a Layer 2 platform in its own right. It is included as an adjacent/infrastructure peer because ZKsync's enterprise roadmap (including permissioning) directly shapes Memento's competitive position.
- Axelar: Axelar is Memento's cross-chain interoperability partner for Project DAMA 2. As a cross-chain messaging and bridging layer, it is an enabling infrastructure peer whose capabilities Memento composes into its institutional stack.
Broad incumbents
- Avalanche (Ava Labs): Avalanche supports subnet-based institutional deployments (including financial market infrastructure) and has active RWA initiatives. Like Polygon, it is a broad Layer 1 incumbent competing for institutional tokenization mandates with Memento.
- Polygon (Polygon Labs): Polygon operates a broad Layer 2 ecosystem including purpose-built chains for tokenized assets (e.g., CDK-based appchains) and is pursuing institutional RWA infrastructure. It is a broad incumbent rather than direct niche competitor but competes for the same institutional tokenization wallet.
Direct peers
- Centrifuge: Centrifuge is a tokenization platform for real-world assets (trade finance, receivables, funds) built on blockchain with on-chain investor compliance. It overlaps directly with Memento's DFM Protocol in enabling tokenized fund creation and lifecycle management for institutional investors.
- Ondo Finance: Ondo Finance provides tokenized real-world assets (notably US Treasuries and yield products) with institutional-grade compliance and permissioning. It is comparable to Memento as an institutional RWA infrastructure play with strong TradFi distribution ambitions and protocol-level governance.
- Securitize: Securitize is a leading tokenized securities issuance and lifecycle management platform for regulated funds and private market securities. Like Memento, it targets institutional asset managers and operates compliance-native rails, making it one of the closest direct competitors in the tokenized fund/RWA space.
- Provenance Blockchain: Provenance Blockchain is a purpose-built financial services blockchain for tokenized funds, private credit and capital markets workflows. Its focus on permissioned, regulated asset servicing makes it a structural peer to Memento ZK Chain's institutional compliance thesis.
Emerging players
- Maple Finance: Maple Finance is an institutional on-chain credit and asset management protocol with permissioned pools and KYC-gated participation. It overlaps with Memento in serving professional and institutional participants with compliance-controlled on-chain financial primitives.
- Taurus: Taurus provides digital asset infrastructure for banks and asset managers including tokenization, custody and issuance, with strong European banking penetration. It is an emerging player in the same regulated institutional tokenization niche as Memento.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Memento Blockchain social profiles
Digital presenceMemento Blockchain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Memento Blockchain leadership team
Management profileNumber of profiles
Profiles7 records
Memento Blockchain funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Memento Blockchain M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Memento Blockchain
What does Memento Blockchain do?
Memento Blockchain builds and operates institutional digital asset infrastructure centered on the Memento ZK Chain, a permissioned Layer 2 blockchain built on ZKsync ZK Stack that combines zero-knowledge validity proofs with Ethereum-anchored settlement for private, compliant on-chain finance. It complements this with the DFM Protocol, a Digital Fund Management layer enabling creation, minting, redemption and rebalancing of tokenized investment portfolios, and delivers end-to-end implementation services from architecture workshops through production deployment for banks, asset managers and professional market participants.
Is Memento Blockchain a public or private company?
Memento Blockchain is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Memento Blockchain founded?
Memento Blockchain was founded in 2020. It employs 1 to 10 people.
Where is Memento Blockchain based?
Memento Blockchain is headquartered in Singapore, Singapore, in the Asia region.
How does Memento Blockchain make money?
Three revenue lines are on record. Professional Services are the primary driver. The others are protocol Infrastructure Fees and enterprise Licensing.
Who are Memento Blockchain's main competitors?
Others on record are ZKsync (Matter Labs) and Axelar. Broad incumbents are Avalanche (Ava Labs) and Polygon (Polygon Labs). Direct peers are Centrifuge, Ondo Finance, Securitize and Provenance Blockchain. Emerging players are Maple Finance and Taurus.
Does Memento Blockchain have an API?
No public API is recorded for Memento Blockchain.
What industry is Memento Blockchain in?
Memento Blockchain's product category is Institutional Blockchain Infrastructure. Its primary akta.pro industry code is FSAGAMAA, Tokenization Platforms (RWA, Securities, Funds), with a secondary code of FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity). Its NAICS code is 522320 and its SIC code is 6200.