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Ex-Bitstamp CLO joins Space and Time executive team ahead of mainnet launch

CryptoExpert by CryptoExpert
September 2, 2024
in Business
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Ex-Bitstamp CLO joins Space and Time executive team ahead of mainnet launch
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Key Takeaways

Space and Time Labs hires Rika Khurdayan to be its new Chief Legal Officer.
The project is approaching mainnet launch and prioritizing decentralization.

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Space and Time, a decentralized data platform backed by Microsoft’s M12 venture fund, has appointed Rika Khurdayan as its new Chief Legal Officer. Khurdayan previously served as US CLO of Bitstamp and founded KSTechLaw, a law firm specializing in crypto regulations.

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“I am honored to join Space and Time Labs and their innovative team. The potential for transformative impact in blockchain and AI is immense, and I am excited to contribute my expertise to navigate the complex legal landscape and deliver groundbreaking solutions to our users,” said Khurdayan in a press release.

Khurdayan joins Space and Time at a time when the company is gearing toward its mainnet launch, the team told Crypto Briefing. Her strong background in crypto and blockchain technology is expected to help the project build a robust, compliant ecosystem and community.

“We’re thrilled to welcome Rika Khurdayan to the Space and Time executive team,” said Nate Holiday, Co-founder and CEO of Space and Time. “Her leadership, strategic vision and proven track record of navigating complex legal and regulatory environments will be invaluable as we continue to innovate and expand our offerings in the rapidly evolving blockchain and AI industries.”

Space and Time is building a decentralized data warehouse platform that provides a verifiable compute layer for AI and blockchain applications. The goal is to enable enterprises to interact with and gain insights from blockchain data without sacrificing security or performance.

In June, the company rolled out its Proof of SQL v1, the first ZK prover that runs sub-second for processing data. Businesses can run SQL queries on blockchain data using Proof of SQL, which provides proof that the results are tamper-proof.

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Holiday said Space and Time will continue developing advanced AI technologies in partnership with tech giants like Microsoft and NVIDIA.

“SxT will continue to deliver innovation in AI alongside partners like Microsoft and NVIDIA to make it easier for developers to build on the blockchain, and we’ll continue to pioneer verifiable data and compute for AI and blockchain through Proof of SQL. We’re excited to expand community participation and ownership as we decentralize the network,” Holiday noted.

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