#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 collaborating 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, driving its investments and collaborations in the blockchain space.

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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 operates as a collaborative studio and venture capital firm. Auerbach will lead Tandem in supporting select blockchain projects. Tandem is currently collaborating with Espresso Systems and Ex Populus, developing decentralized sequencing infrastructure and the XAI blockchain, respectively. This move signifies Offchain Labs' active pursuit of expanding its reach and driving the widespread adoption of cryptocurrencies by investing in and incubating promising blockchain projects 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 accelerating solutions to technical challenges hindering widespread cryptocurrency adoption.

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Tandem is focused on supporting the resolution of "the most intractable technical problems" hindering widespread cryptocurrency adoption, and is currently collaborating with Espresso Systems and Ex Populus on developing decentralized sequencing infrastructure and the XAI blockchain.

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Auerbach brings a wealth of experience from the financial industry, having served as Head of Digital Assets at Nasdaq and held leadership roles at Gemini exchange, which will provide valuable expertise and resources to Tandem.

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The establishment of Tandem signifies Offchain Labs' proactive approach to collaborating with other blockchain projects to drive the adoption and development of cryptocurrency.

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