$ 102,685.5
BTC
5.56 %
$ 2,174.43
ETH
19.65 %
$ 0.7509
ADA
12.05 %
$ 623.16
BNB
3.51 %
$ 160.80
SOL
8.81 %

Jafrin Ahmed
Jul 28, 2022

Algorand CEO Steps Down, Interim Replacement Revealed

Algorand CEO
Algorand CEO Steven Kokinos has resigned to "pursue other interests" but will remain a senior advisor until May 2021. Long-time employee W. Sean Ford, previously chief operating officer at Algorand, will serve as the interim CEO.

Sean Ford to Replace Kokinos

Steven Kokinos joined Algorand in 2018 after founding the software development firm Fuze. At Algorand, he was responsible for overseeing go-to-market execution and operations.

"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," he said.

He will now be succeeded by long-time employee W. Sean Ford, previously the chief operating officer. Ford was formerly in charge of product management, engineering, marketing, and community engagement.

Commenting on the development, Kokinos stated:

"I am honored to step in and partner with Silvio during this transition. Algorand has experienced monumental growth since its inception, and we look forward to our continued expansion as we take Algorand to the next level."

Algorand's Layer-1 blockchain is based on the work of Turing Award-winning cryptographer Silvio Micali and is unrivaled in its ability to bring fast, frictionless, and inclusive technology to all. As the technology of choice for 2000+ global organizations, Algorand is transforming the next generation of financial products, protocols, and exchange of value.

Algorand CEO Steps Down, Interim Replacement Revealed
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Related News

Bitcoin Achieves New All-Time High for Third Consecutive Week
LIVE CRYPTO NEWS

Bitcoin Achieves New All-Time High for Third Consecutive Week

Bitcoin (BTC) has once again reached a new all-time high, marking the third consecutive week of record-breaking price performance. This sustained upward momentum und ...
Sujit Kumar10 hours ago
Bitcoin Reaches Highest Point Since February, Eyes $100,000
LIVE CRYPTO NEWS

Bitcoin Reaches Highest Point Since February, Eyes $100,000

Bitcoin (BTC) has surged to its highest price point since February, marking a significant recovery and fueling speculation about a potential push towards the $100,00 ...
Ajay Agarwal16 hours ago
XRP Shows Resilience with Positive 6-Month Cost Basis
LIVE CRYPTO NEWS

XRP Shows Resilience with Positive 6-Month Cost Basis

XRP has demonstrated a degree of resilience in the cryptocurrency market, maintaining a positive 6-month cost basis despite prevailing macroeconomic headwinds. This ...
Sujit Kumar18 hours ago
Ethereum's Pectra Upgrade Likened to SSL/TLS Innovation
LIVE CRYPTO NEWS

Ethereum's Pectra Upgrade Likened to SSL/TLS Innovation

Circle CEO Jeremy Allaire has drawn a comparison between Ethereum’s upcoming Pectra upgrade and the foundational innovation of SSL/TLS in securing internet com ...
Ajay Agarwal18 hours ago
PinkSale AutoStakeYield Fair Launch ad
Bitwise Enters the Altcoin ETF Race with NEAR Filing
LIVE CRYPTO NEWS

Bitwise Enters the Altcoin ETF Race with NEAR Filing

Bitwise Asset Management has filed for a spot exchange-traded fund (ETF) that would track the price of NEAR, the native token of the Near Protocol. This move positio ...
Ajay AgarwalMay 7, 2025