The Skyscraper Paradox: The Promise of Web3 for Women in Finance

Women’s participation in TradFi feels much like climbing to the top of a skyscraper that keeps adding floors. Maybe Web3 can help.

By Elitsa Taskova

Imagine being the first female to break into the traditionally male-dominated financial sector – shaping its future and setting a new standard for gender equality. This is what Web3 can allow us to do. Eventually. And with conscious effort.

Men still outnumber women in the traditional financial industry (TradFi), who make up around 46% of the workforce, with only 15% occupying C-suite roles. And yet, as a nascent industry, Web3 offers a unique opportunity for women to not only shape the new system but pave the way for all women to circumvent existing obstacles in traditional finance and have equal opportunity for their finances and careers.

There is still a long way to go to reach this reality. Yet, for the first time, women have the opportunity to not just participate but to build this industry into a diverse space while it is still being developed. We are at a critical point. If we act in a timely fashion, we can shape this sector into an accessible workplace, rather than allowing the construction of another industry of glass ceilings.

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