Foresight Ventures Promotes Alice Li and Zac Tsui to Partner Amid Strategic Evolution

Foresight Ventures, a venture capital firm focused on blockchain and digital assets, has announced the promotion of Alice Li and Zac Tsui to Partner, effective immediately [1]. The appointments follow the departure of Co-Founder Forest Bai from his management role, although he will continue to offer advisory support. Li, previously an Investment Partner and Head of North America, will maintain her leadership in the region, with a focus on stablecoin infrastructure, payment systems, AI applications, and social media. Her experience includes senior roles at TikTok and Amazon, where she contributed to product growth strategies [1].

Zac Tsui, who had previously served as an Investment Director at Foresight Ventures, joins Li in the new Partner role. Tsui brings a background in strategic investments and incubation, having worked at Ant Group and leading venture capital firms such as IDG Capital and BAI Capital. His investment track record includes fintech, AI, and emerging market opportunities, and his promotion is expected to reinforce the firm’s strategic direction and operational capacity [1].

In a statement, Alice Li expressed appreciation for the trust placed in her by the board, emphasizing Foresight Ventures’ mission to bridge East and West while accelerating the adoption of Web3 technologies. She added that she looks forward to collaborating with Tsui and the broader team to lead the firm into a new era of growth [1]. Zac Tsui noted that the Web3 ecosystem is undergoing rapid evolution and increasing regulatory and industry consolidation. He emphasized the firm’s commitment to long-term investing, leveraging its deep industry experience and global resources to support entrepreneurs focused on user value and sustainable innovation [1].

Foresight Ventures, recognized as one of the top five active crypto venture capital firms in 2024, has a portfolio of over 150 companies spanning premier media, startups, and emerging technology projects. Notable investments include Wallet Connect, Story, TON, Morph, 0G Labs, and Sentient AI. The firm’s research-driven approach, combined with its presence in the US and Singapore, has positioned it as a key player in the crypto investment and incubation landscape [1].

The promotions of Li and Tsui reflect the firm’s strategic evolution, aligning with the broader trends in the blockchain and digital asset sectors. As institutional interest in Web3 and DeFi continues to rise, Foresight Ventures is reinforcing its leadership structure to maintain a competitive edge. The timing of these appointments also underscores the firm’s readiness to capitalize on market shifts and investor sentiment in the rapidly developing digital finance ecosystem [1].

Source: [1] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (TheStreet)

https://www.thestreet.com/crypto/press-releases/foresight-ventures-announces-appointment-of-alice-li-and-zac-tsui-as-partners