Staci Warden has become the new CEO of the Algorand Foundation, replacing Sean Lee, who has held this role for the past eighteen months.
Warden is a Singapore-based developer of the Algorand protocol. Algorand Foundation’s He joined the board of directors in September of last year.
Lee’s replacement has worked in both the private and public sectors before taking up this position.
Warden, who worked at JPMorgan for eight years, Asia Europe and Middle East Managed the relations in the markets. Warden served as an economist at the U.S. Department of the Treasury before serving as a director there.
After Warden left these duties, he worked at Milken Institute from 2013 to 2021 and met cryptocurrencies in this range.
After becoming CEO of Algorand Foundation, “It should attract more liquidity to the Algorand ecosystem; We must bring the best developers, the smartest entrepreneurs to this ecosystem.” said Warden, especially to marketing and corporate communication plans to allocate more resources.
In the next few months increase processing speed Algorand, which will experience an expected update, is among the Layer-1 protocols used as an alternative to Ethereum.
Algorand Foundation was founded in September of last year to contribute to the growth of this ecosystem. 300 million dollars announced the creation of a fund.