Crypto exchange Okcoin has announced that Randy Zuckerberg – the sister of Meta CEO Mark Zuckerberg – will join the platform’s advisory board with the goal of attracting more women into cryptocurrency.
In an announcement Thursday, Okcoin said that in addition to Zuckerberg’s appointment, the exchange will commit $1 million to reach 50% of its female user base by 2025. Zuckerberg was a former director of market development and a Facebook spokesperson until she retired in 2011 and then founded the social media company. She also founded the Zuckerberg Institute, a program aimed at educating business leaders, entrepreneurs, and students. …
“Cryptocurrencies and this new era of value creation should be open to everyone,” Zuckerberg said in a video announcing her move to the cryptocurrency exchange. “I joined Okcoin’s advisory board to support this mission and bring more women into the cryptocurrency world.”
With Zuckerberg’s appointment to Okcoin, there will be several women in key management positions on the exchange, including CEO Hong Fang, content manager and brand manager Mandy Campbell. Fang told Cointelegraph last year that there was a significant increase in the number of women on the cryptocurrency exchange in 2020, with 50% of female users of the platform being new in the first quarter.
“Historically, women and other marginalized groups have been excluded from the traditional financial system,” Fang said of the $1 million donation. “Cryptocurrency is turning this standard on its head thanks to the wealth creation opportunities generated by decentralized finance, but we are still seeing lower adoption among women.”
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Founded in 2013, Okcoin is one of the oldest cryptocurrency exchange platforms in the world, constantly expanding and serving clients in more than 190 countries. Although headquartered in the United States, the exchange received regulatory approval in July to operate in Malta and the Netherlands.