Quick Take

Bitget has unveiled its Blockchain4Her initiative with a $10 million commitment to promote gender diversity and inclusivity in the blockchain industry. The move aims to address the existing gender bias, empowering female entrepreneurs and recognizing women’s contributions in the blockchain and Web3 space. Bitget’s initiative aligns with their broader vision of creating a more equitable and inclusive future through blockchain technology.

Despite advancements in the blockchain industry, gender bias remains a prominent issue. A recent study conducted by Bitget, the world’s leading cryptocurrency exchange and Web3 company, revealed that female-led blockchain startups received only 6% of total funding, highlighting the need for increased gender diversity. In a significant move towards fostering gender diversity and inclusivity in the blockchain industry, Bitget today announced its Blockchain4Her initiative during the Web3 Hub Davos event hosted by CV Labs at the World Economic Forum 2024. With a commitment of $10 million, Bitget aims to address the longstanding gender bias that persists in the blockchain and Web3 space.

Bitget, previously known as BitKeep, has been a pioneering force in the cryptocurrency and Web3 sectors since its establishment in 2018. The company serves over 20 million users across more than 100 countries and regions, offering innovative trading solutions, a multi-chain crypto wallet, and a range of Web3 features. Bitget’s dedication to inspiring individuals to embrace crypto is exemplified through partnerships with notable figures like Lionel Messi and eSports event organizer PGL.

The Blockchain4Her Initiative

The Blockchain4Her initiative has been launched to tackle gender bias issue head-on by shedding light on the challenges faced by female entrepreneurs and creating a more inclusive funding landscape.

Key Initiatives of Blockchain4Her:

  • Female Entrepreneur Incubation Programs and Pitch Competitions: Bitget will roll out incubation programs tailored specifically for female entrepreneurs. These programs will offer comprehensive support, mentorship, and resources to empower women in navigating and succeeding in the blockchain industry. Additionally, Blockchain4Her will host pitch competitions for female-founded startups, providing a platform for them to showcase their innovations and secure potential investments.
  • Women in Blockchain Summit & Awards: Blockchain4Her will include the Women in Blockchain Summit & Awards, designed to celebrate and acknowledge the outstanding achievements of women in the blockchain space. The summit aims to foster networking opportunities for female professionals, promoting collaboration and community building. Through insightful discussions and recognition events, Bitget hopes to encourage more women to actively participate and advance their careers in the blockchain industry.
  • Ambassador Program: To further support gender diversity in blockchain, Bitget will invite industry leaders to become ambassadors for the Blockchain4Her program. These ambassadors will advocate for, engage with, and drive positive changes, creating an inclusive environment within the blockchain ecosystem.

Bitget’s Blockchain4Her initiative builds on the success of the Blockchain4Youth project, which also commits $10 million over the next five years to inspire the younger generation to embrace blockchain technology. These initiatives reflect Bitget’s commitment to providing equitable opportunities and promoting financial inclusivity in the blockchain industry.

Gracy Chen, Managing Director of Bitget, emphasized the importance of diversity and inclusion in the rapidly evolving blockchain industry.

She stated, “Blockchain4Her reflects our dedication to bridging the gender gap in the blockchain industry. Through incubation programs, 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.”

With Blockchain4Her, Bitget takes a significant step towards promoting the United Nations’ Sustainable Development Goals, particularly the goal of gender equality. By fostering a more diverse and inclusive blockchain industry, Bitget paves the way for women to contribute, lead, and thrive in this rapidly evolving sector.

Read Also: Why Women in Blockchain Matter?

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