Offchain Labs has disclosed that they have appointed Ira Auerbach, who was previously in charge of digital assets at Nasdaq, as the head of their newly established venture capital division known as Tandem.
The team at Offchain Labs, a venture-funded collective of developers, is working on enhancing Ethereum (ETH)’s scalability solution Arbitrum (ARB). Notably, Offchain Labs is also responsible for the creation of Prysm, an Ethereum consensus client. They recently announced the appointment of an executive who previously worked at Nasdaq, on January 9th.
Auerbach has worked across various domains such as digital assets, technology, and finance, having held key positions at companies like Gemini, Palantir, BNP Paribas, and BGB Partners. In the crypto exchange Gemini, Auerbach served as both the global head of Gemini Prime and the head of its product line.
He also served as senior vice president and head of digital assets at Nasdaq.
In his latest position at Tandem, the partner studio and venture capital branch of Offchain Labs, Auerbach will assist in discovering and nurturing potential blockchain ventures. Previously, he was with Nasdaq, managing their digital assets department.
According to Steven Goldfeder, CEO and co-founder of Offchain Labs, Ira’s ability to expand both conventional finance and crypto-centric businesses qualifies him as the perfect candidate to steer Tandem towards its objectives.
Understandings suggest that Auerbach will spearhead Tandem, with the goal of assisting the upcoming wave of initiatives in the realm of blockchain technology.
Through collaboration with Offchain Labs, Tandem provides an avenue for new projects to tap into their knowledge base, technical assistance, and potential investment prospects. These projects will additionally connect with the main Offchain Labs team, developers, and existing partnerships within their ecosystem.
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2025-01-09 23:21