According to Foresight News and reported by The Block, Arbitrum developer Offchain Labs has hired former Nasdaq digital asset head Ira Auerbach to lead its venture capital department Tandem. Previously, Ira Auerbach served as the head of Nasdaq's digital assets and held leadership positions at the cryptocurrency exchange Gemini, including global head of its core business.
Tandem was established in August last year to support projects that address the 'most challenging technical issues' hindering the widespread adoption of cryptocurrencies.