The Stellar Development Foundation announced a Matching Fund specifically for female founders, addressing the stark gender gap in crypto entrepreneurship where women receive only 2.2% of venture funding.
The Stellar Development Foundation highlighted alarming statistics on gender disparity in crypto and tech funding, noting that only 5% of crypto entrepreneurs are female and companies with solely female founders raised just 2.2% of venture funding in early 2021. In response, SDF announced a dedicated Matching Fund for female founders, emphasizing that building a more inclusive financial system requires diverse perspectives. The initiative aims to provide equitable access to capital and encourage women entrepreneurs to build on Stellar's infrastructure.
