According to BlockBeats, on January 18, the Algorand Foundation announced the relocation of its U.S. headquarters to Delaware and the appointment of a new board of directors to enhance its operations in the United States and drive strategic expansion. The new board will focus on initiatives related to global payments and asset tokenization. The board members include Abra Founder and CEO Bill Barhydt, who will serve as Chairman, United Texas Bank Dallas Executive Vice Chairman and former MoneyGram CEO Alex Holmes, former Acting Director of FinCEN at the U.S. Treasury Michael Mosier, Jito Labs Chief Legal Officer Rebecca Rettig, and Algorand Foundation CEO Staci Warden.

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