While the financial industry makes gradual progress with increasing inclusivity, it is clear that significant gender bias persists. Recognising this, crypto exchange Bitget has launched a new initiative to promote gender diversity and inclusivity in the blockchain industry: ‘Blockchain4Her’.
A recent Bitget study revealed limited gender diversity in the blockchain funding market, indicating that female-led blockchain startups secured only six per cent of the total funding.
In a forward-thinking and global blockchain-based economy, the prevalence of gender bias significantly restricting opportunities is an unacceptable issue. With Blockchain4Her, Bitget hopes to address this disparity. By spotlighting the challenges faced by female-led startups, Bitget aims to raise awareness and foster collective efforts toward creating a more inclusive funding landscape.
As part of the new initiative, Bitget will launch incubation programmes tailored for female entrepreneurs. These programmes hope to provide comprehensive support, mentorship, and resources, empowering women to navigate and succeed in the blockchain industry.
Blockchain4Her will also host pitch competitions for female-founded startups, offering them a platform to showcase their innovations and secure potential investments.
Bitget made the initial announcement at the Web3 Hub Davos event hosted by CV Labs, during the World Economic Forum 2024, where it showcased its commitment to fostering female entrepreneurship and recognising women’s achievements in the blockchain and Web3 space.
Empowering women to take on leadership roles in the Web3 and blockchain space
Blockchain4Her will also feature an exclusive experience called ‘Women in Blockchain Summit & Awards’, serving as a platform to celebrate and recognise the outstanding achievements of women in the blockchain space. The summit will look to create networking opportunities for female professionals, fostering collaboration and community building.
Gracy Chen, managing director of Bitget, shared her excitement about the initiative: “In an industry that is evolving rapidly, diversity and inclusion are vital for sustainable growth. Blockchain4Her reflects our dedication to bridging the gender gap in the blockchain industry.
“Through incubation programmes, pitch competitions, and recognition events, we aim to empower women to take on leadership roles in the Web3 and blockchain space. This initiative aligns with our broader vision of creating a more equitable and inclusive future through the power of blockchain.”
Bitget’s Blockchain4Her initiative builds on the success of its existing Blockchain4Youth, which aims to inspire the younger generation to embrace blockchain technology.
