blockpete.algo

We’re excited to announce three promotions across the Foundation. Bruno Martins, formerly Chief Architect and twice acting CTO, has been appointed Chief Technology Officer. Bruno will oversee protocol engineering and will bring his deep expertise in blockchain engineering, applied cryptography, and key management systems to drive Algorand’s future innovations. Will Beaumont, formerly Head of Pera Wallet, has been promoted to Global Head of Product & Integrations. Will will be responsible for product strategy and solutions delivery across both business and engineering, including the Pera Wallet. Brian Whippo, former Head of Developer Relations, has been promoted to Senior Director of Integrations & Developer Tooling. Brian will be responsible for developer relations and developer tooling, and he will build out a new practice to help businesses, ecosystem partners, and AI agents bring new activity on-chain.

Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets. These employees have been best-in-class contributors to this ecosystem and to the Foundation, and this was an incredibly tough decision. We are sincerely grateful to them, and we are, of course, committed to supporting them through this transition. We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocol’s long-term business, technology, and ecosystem priorities. We remain fully focused on our mission of financial empowerment and the continued development and growth of the Algorand protocol, network, and ecosystem.