Algorand Foundation returns to the US, appoints new board for strategic blockchain initiatives

Key Takeaways

  • Algorand Foundation has re-established its headquarters in Delaware.
  • A new board of directors has been appointed, led by Bill Barhydt as chair.

Algorand Foundation has announced its return to the US, re-establishing its headquarters in Delaware and appointing a new board to drive its strategic goals.

The move underscores the Foundation’s commitment to US leadership in blockchain innovation and financial empowerment.

The new board is composed of finance, technology, and policy leaders, focusing on initiatives such as global payments, asset tokenization, and other financial empowerment areas.

Board members include Chair Bill Barhydt of Abra, former MoneyGram CEO and United Texas Bank Dallas Executive Vice Chairman Alex Holmes, former FinCEN Acting Director Michael Mosier, Jito Labs CLO Rebecca Rettig, and Algorand Foundation CEO Staci Warden.

The expansion aims to leverage Algorand’s blockchain technology for practical financial solutions, including investments, cross-border payments, and asset tokenization.

Source: https://cryptobriefing.com/algorand-foundation-us-blockchain-board/