Alibaba announced on Tuesday that Joseph Tsai, one of its founders, will become Chairman starting in September 👀

Mr. Tsai first expressed interest in Web3 in December 2021 with a short tweet: “I love crypto.”

At that time, Mr. Tsai did not explain what he meant in the tweet, but a year later, he became an active investor in the Web3 industry.

Tsai was involved in investments such as: Polygon’s February 2022 round, Web3 fantasy sports platform Fast Break Labs fundraise, and NFT platform Artifact Labs May 2023 round.

#web3.0 #crypto