The Black Enterprise – a program focused on building wealth in the black community – is putting together its first program Financial Services Future Summit Which will focus on Fintech, Cryptocurrency and Wealth.
Black Enterprise offers encryption to attendees
The idea is to give more African Americans the opportunity to invest in cryptocurrencies and add blockchain projects to their portfolios. Up until this point, the standard financial market was widely believed to have been somewhat closed to minorities, and the idea is that cryptocurrency could unveil some wealth-building opportunities they otherwise wouldn’t have access to.
The program’s organizers say African Americans have never been so focused on building their portfolios as they are now. They also say that there were not many opportunities to do so. The program will offer all kinds of educational seminars to help attendees better understand the growing worlds of digital currencies and decentralized finance (Devi).
Black Enterprise CEO, Earl “Butch” Graves. The son explained in an interview:
We know that blacks are excited about the potential of cryptocurrency, NFT, and blockchain to open up new avenues for black wealth creation. According to the latest survey of black investors by Ariel Schwab, six financial products – savings bank accounts, individual stocks, mutual funds, cryptocurrencies, and individual bonds, [and] Bond Mutual Funds – Cryptocurrency is the only currency owned by a higher percentage of blacks than whites. About 38 percent of black investors under the age of 40 own digital tokens, compared to 29 percent of their white counterparts. Overall, twice as many black respondents as white respondents rated cryptocurrency as the best overall investment option.
Several speakers have already been confirmed for the event including Larry Wade Sr, Director of Blockchain, Crypto and Digital Currencies at RLCOBP; Emery Oliver, CEO of Bond & Play; Michael Grove, Financial Financial Analyst and Financial Planner at Greater Metro Financial Group; Deidra Ramsay McIntyre, founder of Black People & Cryptocurrency; Derek Jones, CEO of United Coin Inc.
Among the topics and courses that will be discussed or taught at this event will be “Cryptocurrency: A New Asset Class for Black Investors”, “Understanding and Exploring the Benefit of Blockchain”, “Career Opportunities in Fintech” and “Financial and Crypto Advisors: Helping You Shape Own Investment Strategies” your.”
Pushing for financial equality
Black Enterprise was founded a few years ago to meet the growing demand for diversity, equity, inclusion, and economic justice in the monetary arena. The entire program is sponsored by Prudential, one of the country’s leading insurers, and will feature frank and engaging conversations with leading experts in crypto, blockchain, investment, and financial technology.
The event will only last for one day but will provide attendees with the resources they need to take advantage of the opportunities currently being offered in the financial services industry.
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