Binance, the world’s largest cryptocurrency exchange by trading volume, is recommitting to increase the number of women engaged and employed in the Web3 industry this International Women’s Day.

With only 37% of crypto owners being female, Binance recognizes the importance of education in enabling more women to enter the sector.

Binance has contributed more than $2 million to women across ten countries through education and mentoring programs geared towards women. In 2022, Binance Charity donated $2 million to finance over 36,000 Web3 scholarships specifically for women.

In 2023, Binance Charity will continue to sponsor courses, initiatives, and scholarships, with a particular emphasis on women and underrepresented groups.

The scholarship recipients from 2022 included women from Germany, Nigeria, Kenya, Brazil, France, South Africa, and Ukraine. These scholarships allowed them to study blockchain and cryptocurrency-related courses at universities, institutions, and charitable organizations.

In honor of International Women’s Day, Binance Charity will gift an additional $100,000 to Georgia’s Innovation & Technology Agency (GITA) to help fund Web3 education and training for females. The instructional material for GITA Web3 courses will be provided by Binance Academy.

Binance co-founder and chief marketing officer He Yi, one of the few female leaders in the industry, believes that Binance has a mission to help more women understand Web3 and blockchain technology.

Binance will achieve this through education and internship programs that aim to empower young women with knowledge and skills ready for industry disruption.