During the Crypto and Digital Assets Summit hosted by the Financial Times, Ripple managing director Sendi Young called for diversity in the crypto industry and highlighted the Crypto Bros culture as a barrier to inclusion.

She believes that crypto needs to diversify to allow people from non-tech or finance sectors a place in the industry. Ripple is exploring strategies to foster diversity and increase the representation of different industries within the firm, including the use of the Diverse Slate approach during recruitment. Young also spoke about the challenges to institutional adoption of crypto, citing its libertarian roots as a roadblock.