Khyurdayan’s roles will include freshening up the regulatory solutions, advising on legal matters and leading the legal team of Space and Time Labs.
Verifiable compute layer Space and Time Labs (SxT), which delivers tamperproof on-chain and off-chain data to enterprises has announced the appointment of Rika Khurdayan as Chief Legal Officer. The Microsoft M12-backed blockchain company aims to improve its legal structure and streamline its regulatory solutions with Khurdayan’s appointment.
Khurdayan brings a wealth of experience to SxT’s legal team having worked previously in cryptocurrency and blockchain projects across the ecosystem. Most recently, she served as US chief legal officer for Bitstamp, the world’s longest-running global cryptocurrency exchange that entered an agreement to be acquired by Robinhood Markets, Inc. in June. In addition, Khurdayan also founded and ran her law firm, KSTechLaw, which specializes in regulatory solutions for token issuers, trading platforms, and cryptocurrency investment funds.
In a worded welcome to the team, Nate Holiday, Co-Founder and CEO of Space and Time showed his excitement at Rita Khurdayan’s joining, stating:
“Her leadership, strategic vision and proven track record 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 an ecosystem aiming to provide a verifiable compute layer for AI and blockchain projects, joining tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts and LLMs. The multichain data platform is specialized for developers using large data sets on their DApps or platforms in areas such as finance, gaming, decentralized finance (DeFi), or other platforms requiring verifiable data across the enterprise, blockchain and AI.
As AI and blockchain technology continue their impressive growth, tough regulatory measures are expected to be adopted across the globe. The appointment of a seasoned legal expert with extensive experience in these emerging technologies is expected to give Space and Time an edge on dealing with any new regulations in the fields.
“I am honoured to join Space and Time Labs and their innovative team,” said Khurdayan. “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.”
Finally, the appointment also shows the commitment by Space and Time to build a robust and compliant framework for its technology, ecosystem and community while the core dev team develops and improves the mainnet, focusing on decentralization.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2024/08/space-and-time-appoints-former-bitstamp-legal-chief-rika-khurdayan-as-chief-legal-officer