Offchain Labs (ARB) Forms Partnership With Succinct

Source
JH Kim

Summary

  • It was reported that Tandem, a division of Offchain Labs, the developer of Arbitrum (ARB), has begun developing a zkVM through a partnership with Succinct (PROVE).
  • This collaboration focuses on technical cooperation, and whether a token swap is included has not been confirmed.
  • Tandem will be in charge of ecosystem onboarding and funding support, while Succinct will be responsible for proof infrastructure and network development.

On the 26th (local time), cryptocurrency-focused media outlet Blockworks reported that Tandem, a separate division of Arbitrum (ARB) developer Offchain Labs, has entered into a partnership with Succinct (PROVE) to start developing a customized zkVM for the Arbitrum ecosystem.

This collaboration is limited to technical cooperation, and it is not confirmed whether it includes a token swap. Tandem will be responsible for ecosystem onboarding and funding support, while Succinct will handle proof infrastructure and network development.

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JH Kim

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