On International Women’s Day, MEXC, a renowned crypto exchange, issued a landmark report named ‘Women in Workforce’. The report highlights the surging female representation in the digital asset market. As per MEXC’s official report, the platform accounts for a staggering 43% female representation in its workforce. This is more than any other digital assets platform. This landmark development comes at a time when the global market statistics are considerably low, as only 3% of businesses worldwide have women leaders.
MEXC Leads Crypto Industry with Higher Female Participation
Achieving the milestone of up ot 43% women in its workforce, MEXC stands out in a market where female representation is just 3% in terms of leading roles. Additionally, only 4 out of the prominent hundred crypto entities have a female among the co-founders. Even then, irrespective of such sobering data, the crypto exchange’s latest Women in Workforce report shows a staggering growth, underscoring a figure 15% higher than worldwide technology average of nearly 28%.
The platform’s initial workforce report delivers a comprehensive breakdown of leadership, technical contribution, retention, representation, and hiring growth. When it comes to management level, females hold up to forty percent of total roles. This includes fifteen key leadership positions, diminishing the gap between decision-making authority and representation.
Additionally, the firm’s workforce spans over 400 employees working across regions, such as APAC, Latin America, North Africa, the Middle East, and Europe, representing limitless gender diversity. According to MEXC’s report, over the recent 3 years, the platform has recorded a stunning 49% rise in female hiring year-over-year. On the other hand, the women leading the crypto businesses are just 3%, while only 4 of the dominating crypto firms include a female co-founder.
Promoting Female Engagement in Key Positions Across Crypto Market
Along with that, as MEXC’s report puts it, women comprise approximately 12% of cumulative fund partners, whereas more than ninety percent of the blockchain venture funding keeps flowing to male-driven teams. Contrarily, MEXC has 195 women holding noteworthy positions in product development and engineering sectors.
Moreover, the report issued by MEXC has also pointed out a huge eighty-five percent return-to-work rate post maternity, a figure considerably above the industry norm. In line with the report, ninety-eight percent of mothers intend to return to work following maternity leave. Contrarily, research has revealed that maternity leave can result in 32% decrease in managerial roles specified for women, limiting female-focused advancement opportunities in high positions. Keeping this in view, with a robust strategy to promote female participation, MEXC is well ahead the majority of the popular institutions.
