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Former Nasdaq exec joins Arbitrum developer to head its venture studio Tandem

Offchain Labs, the team behind the Ethereum Layer 2 network Arbitrum 
 ARB +0.39%, has appointed Ira Auerbach as head of Tandem, its partner studio and venture capital arm. Auerbach previously served as Nasdaq's head of digital assets and held leadership roles at crypto exchange Gemini, including global head of its prime business.

In his new role, Auerbach will lead Tandem, which supports select blockchain projects. Tandem, launched last August, was created to back initiatives addressing "the hardest technical problems" preventing crypto's widespread adoption.

The division operates two lines of business: a partner studio and a venture capital arm.
https://www.theblock.co/post/333850/