Themen:
Media Release
May 26, 2025
Deutsche Bank partners with AI firm finaXai to transform tokenised funds servicing with cutting-edge AI
A strategic collaboration with finaXai, co-founded by NTU and NUS researchers, to power Project DAMA 2 with AI, blockchain, and academic innovation
Deutsche Bank is collaborating with finaXai, a Singapore-based AI company co-founded by researchers from Nanyang Technological University, Singapore (NTU Singapore) and the National University of Singapore (NUS). The collaboration will assess a significant extension of Project DAMA 2, the public-permissioned multi-chain asset servicing pilot focused on transforming how asset managers can more efficiently manage and service tokenised funds and their investors.
FinaXai is also part of the Fincubator programme at the Asian Institute of Digital Finance (AIDF), a university-level institute in NUS jointly established by the Monetary Authority of Singapore, the National Research Foundation and NUS, to support the development of fintech startups focused on deep technology and digital finance innovation.
The team will explore integrating Machine Learning and Large Language Models (LLMs) into asset servicing workflows, leveraging explainable AI to help asset managers plan and execute fund lifecycle activities with greater speed, transparency, and precision.
Anand Rengarajan, Deutsche Bank’s Head of Securities Services APAC & MEA and Global Head of Sales said: “We are delighted to work with a diverse mix of experts from the academic and innovation worlds to contribute to the future of tokenised assets. Through this collaboration, we unify leading research-backed solutions with industry applications to reduce complexity and boost AI’s explainability and integration with DLT. With this work, we seek to better understand and anticipate our asset manager clients’ needs as they explore the future of tokenisation.”
Dr. Erik Cambria, Co-Founder of finaXai and Professor, College of Computing and Data Science, NTU said: "finaXai is excited to partner with Deutsche Bank in applying cutting-edge explainable AI techniques to the domains of finance and asset tokenisation. This collaboration bridges academic research with real-world applications and explores how explainable AI can converge with tokenisation to streamline processes and enhance the accessibility, adoption, and management of digital assets. Ultimately, this initiative lays the groundwork for synergies between trustworthy AI and asset managers, enabling faster, more precise planning and execution of digital asset and fund lifecycle activities."
Dr. Gianmarco Mengaldo, Co-Founder of finaXai and Assistant Professor at the Department of Mechanical Engineering, College of Design and Engineering, NUS, said: “finaXai operates at the exciting intersection of AI applications in finance and comprises researchers from various institutions who share a common interest in exploring the frontiers of AI in this field. This collaboration demonstrates the significant impact that can be achieved when scientific interests align. The team based in NUS focuses on bridging human understanding with AI methods through explainable AI, and integrating existing knowledge into AI-driven solutions when beneficial. It will be exciting to see how our work, complemented with the work by NTU counterparts, can aid in dealing with complex real-world tasks in the financial sector.”
Representatives involved in the project include:
Deutsche Bank:
finaXai:
For more information, contact Deutsche Bank AG Media Relations:
Kate Fields
Phone: +852 2203 5094
Email: kate.fields@db.com
About Project DAMA 2
Project DAMA 2 is an innovative pilot initiative aimed at revolutionising the issuance, distribution, and servicing of tokenised funds across multiple blockchain networks. In this project, Deutsche Bank is collaborating with Memento Blockchain and Interop Labs (initial developer of the Axelar Network) to build a unified, interoperable, and open-architecture platform for asset managers.
The initiative contributes to MAS’ Project Guardian (as part of the asset and wealth management workstream), a collaborative initiative involving global policy makers and financial services industry representatives that is dedicated to testing the feasibility of asset tokenisation applications in regulated financial markets.
About finaXai
finaXai is a next-generation investment intelligence company founded by AI scientists from top academic institutions. Combining cutting-edge artificial intelligence with explainable models, finaXai delivers transparent, data-driven asset selection and portfolio construction tools. Its mission is to empower investors with AI-powered insights while ensuring clarity and trust through explainability. With deep roots in academia and industry, finaXai stands at the forefront of the intersection between AI and finance.
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 12 March 2021 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
Further links on the topic
Deutsche Bank joins Project Guardian to explore asset tokenisation applications
Deutsche Bank in Asia Pacific
Deutsche Bank's corporate banking solutions
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