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Home»Web 3»Women hold only 6% of CEO roles in crypto, highlighting the leadership gap – report
Web 3

Women hold only 6% of CEO roles in crypto, highlighting the leadership gap – report

2023-09-01No Comments2 Mins Read
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A new report reveals that women are vastly underrepresented in leadership positions in the cryptocurrency and blockchain industry.

The study analyzed 50 leading crypto and blockchain companies. The survey found that only 6% of CEOs were women, while men held 94% of top positions.

Looking at the broader leadership roles beyond the CEO, men occupy 77.6% and only 22.4% by women. This points to an imbalance, despite the fact that more and more women are reaching higher levels below the CEO.

Chainalysis led to the inclusion of women, with women occupying 46% of leadership roles. BitOasis and Coinbase followed with about 42% and 33% female leaders, respectively.

The report also examined the top 50 crypto influencers on Twitter. Only 7 of those were women, meaning only 14% of the prominent voices were women.

Layah Heilpern ranked highest in reach and engagement among women, while Ripple CEO Brad Garlinghouse was generally considered the most engaging crypto influencer.

Developing countries saw the most gender-equal involvement in overall crypto ownership. Vietnam had the smallest difference between male and female ownership at 6 percentage points. Kenya, Colombia, Indonesia and other countries all saw strong involvement of women.

More than 24% of women own crypto in Vietnam – the highest percentage worldwide. India and the Philippines also ranked high in overall female participation in crypto ownership.

The data shows that while crypto has traditionally been dominated by men, women are increasingly adopting digital currencies, especially in emerging markets. However, work is still needed to improve the inclusion of women in the upper echelons of crypto.

See also  The US Treasury Department and the IRS are finalizing tax reporting rules for crypto brokers

Women hold only 6% of CEO roles in crypto, highlighting the leadership gap – the report first appeared on CryptoSlate.

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