Succinct ties up with Tandem

Offchain Labs is making a zero-knowledge play for Arbitrum. 

Its venture studio Tandem has entered a one-year exclusive partnership with Succinct to build a zkVM tailored to the Arbitrum ecosystem.

The agreement, announced Tuesday, binds both companies to collaborate solely with each other on this effort. “For one year, Tandem by Offchain Labs has an exclusive commercial agreement with Succinct to create zkVM for Arbitrum chains,” an Offchain Labs spokesperson told Blockworks. 

The team declined to comment on whether the partnership represents an all-cash deal, or includes token swaps. The Succinct Foundation, launched its PROVE token earlier this month.

This…

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