#Former Nasdaq Executive Joins Offchain Labs#

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Offchain Labs, the team behind Ethereum L2 network Arbitrum, has announced the appointment of Ira Auerbach, former head of digital assets at Nasdaq, as the head of its collaborative studio and venture capital arm, Tandem. Tandem was launched last August to support the development of solutions to technical challenges hindering the widespread adoption of cryptocurrencies. Auerbach will lead Tandem in supporting select blockchain projects, with Tandem currently working with Espresso Systems and Ex Populus, developing decentralized sequencing infrastructure and the XAI blockchain, respectively. Auerbach's extensive experience at Nasdaq and Gemini will bring valuable resources and expertise to Tandem's growth.

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Offchain Labs, the team behind Ethereum L2 network Arbitrum, has announced the appointment of Ira Auerbach as the head of its collaborative studio and venture capital arm, Tandem. Auerbach brings extensive experience from the financial industry, having previously served as Head of Digital Assets at Nasdaq and held leadership roles at Gemini exchange. Tandem was launched last August to support the development of solutions to technical challenges hindering the widespread adoption of cryptocurrencies. It currently encompasses both a collaborative studio and a venture capital arm. Auerbach will lead Tandem in supporting select blockchain projects, including the development of decentralized sequencing infrastructure in collaboration with Espresso Systems and the development of the game-centric XAI blockchain in partnership with Ex Populus. Offchain Labs' hiring of a financial industry veteran like Auerbach demonstrates its commitment to driving the widespread adoption of cryptocurrencies and accelerating the application and development of blockchain technology by investing in and supporting projects that address technical challenges through Tandem.

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Offchain Labs hires former Nasdaq executive Ira Auerbach to lead its collaboration studio and venture arm Tandem, aimed at driving widespread cryptocurrency adoption.

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Tandem focuses on solving technical challenges that hinder widespread cryptocurrency adoption and has already partnered with projects like Espresso Systems and Ex Populus.

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Auerbach brings a wealth of experience from the financial industry, having held key positions at Nasdaq and Gemini, which will provide valuable expertise to Tandem.

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Tandem's establishment aims to support the resolution of critical technical issues in the cryptocurrency space and drive its development through collaboration studios and venture investments.

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