Algorand appoints interim CEO to replace Steven Kokinos

Algorand announced on Wednesday, 27 July that COO Sean Ford was replacing outgoing CEO Steven Kokinos.

Algorand has announced the firm’s COO W. Sean Ford as the Interim Chief Executive Officer (CEO), replacing G. Steven Kokinos as the outgoing exec moves “to pursue other interests.”

The appointment of Ford takes immediate effect (from July 27, 2022), the blockchain firm notified its community of users and investors. Meanwhile, Kokinos, who has been at the company for four years, is set to offer his services as a senior advisor to the firm until mid-2023.

We thank Steven for his time and dedication to Algorand. He has been instrumental to the initial success of our business, and we appreciate his commitment to a seamless transition,” said Algorand founder and MIT professor Silvio Micali.

Kokinos, who also confirmed his exit on Twitter, thanked the company for the opportunity to serve as CEO, noting that he was confident in the blockchain platform’s future.

He said in a statement: “It has been a pleasure serving as CEO of Algorand. As we move into this next phase, I am excited about the company’s future and am confident that the team will keep things running smoothly.”

Ford, an MBA holder from Harvard University Graduate School of Business, joined Algorand in 2018.

All Dutch and English crypto news!

CME Group plans to launch options on ETH futures prior to the Merge

Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether futures products. In a Thursday announcement, the CME Group said that...

Blockchain venture capital funding down over 43% in July: Report

Typically a lagging indicator of the sector's health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022...

Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record

Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years. Data from on-chain analytics firm Glassnode confirms...

Asia Broadband Inc. seeks to further unite the crypto and gold worlds

Asia Broadband, Inc. wants to further unite cryptocurrency and gold in a bid to improve the company's digital asset development group.   Asia Broadband, Inc. (OTC:AABB) announced...

Beste exchanges

Koop je crypto bij Bitvavo