AlgoFoundation Relocates to U.S., Targets Cryptocurrency and Blockchain Growth

New York, NY – September 5, 2025
AlgoFoundation, a prominent player in decentralized finance, has announced its relocation to the United States, with a new headquarters in New York City. The move signals the organization’s commitment to scaling its cryptocurrency and blockchain initiatives in the world’s largest financial market.

The foundation, previously based in Singapore, aims to leverage the U.S.’s growing regulatory clarity around digital assets and its robust tech infrastructure. AlgoFoundation will focus on developing blockchain solutions for supply chain transparency, decentralized finance (DeFi) platforms, and tokenized assets. The move is expected to create 150 jobs, including roles for blockchain engineers, data scientists, and compliance specialists.

“We see the U.S. as the epicenter of blockchain innovation,” said AlgoFoundation’s founder, Raj Patel. “Our relocation allows us to collaborate with leading financial institutions and tech firms to drive the next wave of decentralized solutions.” Industry analysts predict that AlgoFoundation’s entry could accelerate the adoption of blockchain technologies in sectors like logistics and healthcare, with an estimated $200 million in investments planned over the next three years.