Overview
- The nonprofit behind the Algorand blockchain will reestablish its headquarters in Delaware as part of a U.S. relaunch.
- Bill Barhydt was named board chair, joining directors Alex Holmes, Michael Mosier, Rebecca Rettig and Algorand Foundation CEO Staci Warden.
- The board’s immediate mandate centers on expanded U.S. operations and new initiatives in global payments, asset tokenization and related financial products.
- An Ecosystem Advisory Council is planned, to be chaired by Paweł (Urtho) Pierścionek, who will also serve as technical advisor to the board.
- Independent coverage reports the move coincides with a more industry-friendly U.S. crypto policy under President Donald Trump, a rationale not stated by the foundation.