Global trade giant Ali Dadpro-crypto of the name who will take the role of president in September Joseph Tsaistated that.
Amid the institutional perception of cheap Bitcoin and the cautious shift towards crypto, from Alibaba A new move has arrived. Alibaba announced the changes to its board of directors. The most striking detail among these changes was the attitude of the new president towards crypto.
of Alibabaits new president, who has previously said he loves crypto Joseph Tsaiit happened.
Alibaba Has a President Who Loves Crypto
Global giant company Ali Dadis a crypto-loving and active Web3 investor. Joseph Tsaibrought him to the chairmanship of the company’s Board of Directors.
Alibaba made changes within the company and announced its new planning. The global giant brought important names to the positions of Chairman of the Board and CEO. Management board head Joseph Tsaiwhile, CEOwhereas Eddie Yongming wuit happened.
The notable name here is Tsaiit happened. Tsai, said in a tweet in 2021 that he loves crypto.
I like crypto
— Joe Tsai (@joetsai1999) December 28, 2021
of AlibabaIt was noteworthy that he included a crypto-friendly name on the management side, as he accelerated his blockchain initiatives and strived to be the leading role of new technologies.
Moreover FTX bankruptcyAccording to documents from the court, Tsai’sused as family office blue pool capital, of FTXwas one of its shareholders. Tsai , such initiatives were often thrown. The new head of Alibaba has also been involved in various Web3 initiatives.
