WhiteSight

Female-focused Crypto Initiatives: ‘DeFi’nitive Steps Forward

Table of Contents

Blockchain, DeFi, Crypto, web 3 are the novel terms ‘DeFi’ning how we view and own money today. As the financial industry witnesses a total transformation thanks to these new technologies, the question of how women fit in this expanding space looms in the air.Until 2018, the tech landscape was primarily dominated by men, with only ,8.5% of the 378 venture-backed cryptocurrency startups launched from 2012-2018 being founded or co-founded by women. However, with the hype surrounding digital assets encouraging widespread adoption in recent years, women also began taking a stake in the blockchain world. The need to control their financial future acted as a vehicle for women to explore the notion of decentralized currencies in elevating the game for financial inclusion. The results speak for themselves – 92% of American women surveyed by BlockFi revealed that they have heard of crypto. ,24% of those women report owning crypto, of which 70% are ‘HODLers’ and 75% have only traded. Moreover, ,93% of college-educated women surveyed across the US and the UK believe that technology will undoubtedly impact finance in the next 10 years.But this only marks the starting point for the path forward – as the economic participation and opportunity gap […]

This post is only available to members.

Already a subscriber? Log in to Access

Unlock this blog

Gain exclusive access to this blog alone.

Radar Subscription

Select a membership plan that resonates with your
goals and aspirations.

Not Ready to Subscribe?

Experience a taste of our expert research with a complimentary guest account.

We publish new research regularly. Subscribe to stay updated.
No spam. Only the best in class fintech analysis.



    Related Posts
    Saudi-OB-Featured-Image
    Complimentary Research

    Symbiosis in Action: Saudi Arabia’s Open Banking Renaissance In the quest to build vibrant, diversified economies beyond the oil horizon,...

    EmFi-Roundup-Instore-Payments-Featured-Image
    Complimentary Research

    Tap to Pay and SoftPOS: Saving Lunch Breaks in 2023! In a world where our smartphones know our coffee orders...

    EmFi-Roundup-Incar-Payments-Featured-Image
    Complimentary Research

    Car-venient Fintech: Buckle Up for In-Vehicle Payments! Ever binge-watched the futuristic Bond or Star Wars movies, marvelling at those high-tech...

    2023-Roundup-Asset-Tokenisation-Featured
    Complimentary Research

    Snazzy Tokens, Real-world Impact: Welcome to Asset Tokenisation! As 2023 dawned, we saw several buzzwords from the crypto universe do...

    EmFi-Roundup-Payments-Featured-Image
    Complimentary Research

    Payment Platforms’ New Side Hustle Remember when payment pros caught the digital payment craze during the pandemic? Well, as the...

    EmFi-Roundup-SMBs-Featured_Image
    Complimentary Research

    SMB Financing: Cat Bath or Credit Path? For small and midsize businesses (SMBs), trying to get a loan from traditional...

    Select currency
    WS_Logo_-for-White-BG-01.png