The Algorand Foundation announced its return to the US market and the formation of a new board of directors.

Mars Finance reported on January 18th that the Algorand Foundation announced the relocation of its US headquarters to Delaware and the appointment of a new board of directors to advance the foundation's operations in the US and its next phase of strategic expansion. The new board will focus on initiatives related to global payments and asset tokenization. Board members include: Bill Barhydt, founder and CEO of Abra (Chairman); Alex Holmes, Executive Vice Chairman of United Texas Bank Dallas and former CEO of MoneyGram; Michael Mosier, former Acting Director of FinCEN at the US Treasury Department; Rebecca Rettig, Chief Legal Officer of Jito Labs; and Staci Warden, CEO of the Algorand Foundation.