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Industry

Women are key to the future of the Crypto-Economy

As South Africa celebrates Women’s Month in August, global peer-to-peer bitcoin marketplace, Paxful, supports the important role that women are playing, and should continue to build on, in the innovative blockchain technology and cryptocurrency sector.

While looking into expanding its presence in South Africa, Paxful is hoping to nurture as much female talent as possible. Almost 40% of Paxful’s employees are women and the company is set to further increase female appointments in its offices across the globe, located in New York City, Hong Kong, Estonia, and the Philippines.

While overall female participation in the broader crypto-economy, according to several sources including is estimated at between 1% to 5% globally, Paxful believes that growing female participation in crypto will be key to the sector’s continued innovation and success.

“Women are critical to the future of the crypto-economy and we are committed to fostering more diversity and supporting efforts to attract more women to make their mark in the industry” says Ray Youssef, co-founder and CEO of Paxful.