Ira Auerbach to lead Offchain Labs' investment division

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by Giorgi Kostiuk

2 years ago

Offchain Labs, a leading developer of Ethereum scaling solutions, announced the appointment of Ira Auerbach as the head of its new venture division, Tandem.

Ira Auerbach and his career

Ira Auerbach has extensive experience in the digital assets, tech, and finance sectors. He has held key roles at companies such as Gemini, Palantir, BNP Paribas, and BGB Partners. At Gemini, Auerbach served as the global head of Gemini Prime and head of product, and at Nasdaq he was the senior vice president and head of digital assets.

Ira Auerbach's role at Offchain Labs

In his new role as head of Tandem, Auerbach will help identify and support promising blockchain projects. He joins the Offchain Labs team from Nasdaq, where he oversaw the digital assets division. Steven Goldfeder, CEO and co-founder of Offchain Labs, stated that 'Ira’s success in growing both traditional finance and crypto-native companies makes him the ideal leader to drive Tandem’s mission forward.'

“Ira’s success in growing both traditional finance and crypto-native companies makes him the ideal leader to drive Tandem’s mission forward.”Steven Goldfeder

Plans and opportunities for Tandem

Tandem plans to offer access to Offchain Labs’ expertise, technical support, and investment opportunities for new projects. Projects will also gain access to the core team, developers, and ecosystem partnerships at Offchain Labs. Auerbach is expected to lead Tandem’s efforts to support the next wave of projects in the blockchain space.

The appointment of Ira Auerbach at Offchain Labs indicates the company's strong intent to support new promising blockchain projects via Tandem.

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