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Algorand CEO Steven Kokinos Departs, Interim Replacement Named
The blockchain technology company appointed Sean Ford to replace Kokinos for the time being.
Автор Brandy Betz
Algorand has promoted Chief Operating Officer W. Sean Ford to interim CEO, effective immediately. Ford will succeed G. Steven Kokinos, who is leaving to “pursue other interests.”
- Kokinos, who joined Algorand in 2018 after founding software development firm Fuze, will serve as a senior advisor to the company until mid-2023.
- Ford – who also joined Alogrand in 2018 – had previously been chief marketing officer at remote software company LogMeIn. At Algorand, he has overseen go-to-market execution and operations.
- "We thank Steven for his time and dedication to Algorand," said company founder Silvio Micali. "He has been instrumental to the initial success of our business, and we appreciate his commitment to a seamless transition. ... Sean is well positioned to partner with me to keep the company operations running business as usual, and to help us transition Algorand to our next phase of growth."
- Algorand token algo (ALGO) is little-changed, remaining down about 90% from its all-time high touched in September of last year.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.
Що варто знати:
- Stablecoin usage is quickly broadening from crypto-native exchanges into payments, payroll and treasury as companies chase 24/7, digital-native settlement, according to Alchemy Co-founder and President Joe Lau.
- Banks are pushing tokenized deposits as a regulated, bank-native alternative that delivers stablecoin-like benefits for institutional clients.
- The endgame is a two-track system — stablecoins for open, two-party settlement; deposit tokens for bank ecosystems, until scale forces convergence and competition, Lau said.
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