The Algorand Foundation has officially relocated its global headquarters from Singapore to Delaware, signaling a major strategic pivot to re-embrace the United States market following the inauguration of a pro-crypto administration.
To bolster this new American foothold, CEO Staci Warden announced a slate of heavy-hitting U.S. appointments to the board:
- Bill Barhydt (CEO of Abra) as Board Chairman.
- Alex Holmes (Former CEO of MoneyGram).
- Michael Mosier (Former Acting Director of FinCEN).
The inclusion of Mosier, a former top financial regulator, underscores the Foundation’s strategy to court institutional capital by prioritizing compliance and regulatory integration.
Algo price:
Data Source:https://coinmarketcap.com/currencies/algorand/