Algorand Foundation relocates headquarters to US

The Algorand (ALGO) Foundation is moving its headquarters from Singapore to the United States and launching a new board of directors, DL News reported. CEO Staci Warden said the foundation is focusing on areas where blockchain can have a tangible impact, including immediate global payments, accessibility to financial products, and economic resilience. She added that by realigning its U.S. presence, the foundation aims to help the United States secure a leadership role in next-generation financial infrastructure.