Ethlabs, founded by former Ethereum Foundation contributors and funded by Bitmine, Sharplink and Joe Lubin, launches to accelerate Ethereum's institutional supercycle

Jun. 22, 2026

New nonprofit research and development lab brings together a group of senior technical contributors from the Ethereum Foundation to ready the network for step-function wave of adoption from institutions, agentic finance and DeFi

Ethlabs to reinforce foundational commitments to credible neutrality, censorship resistance and security

NEW YORK, June 23, 2026 /PRNewswire/ — A coordinated group of Ethereum ecosystem stewards today announced the launch of Ethlabs, an independent, nonprofit research and development organization formed to ready Ethereum for the next phase of institutional adoption. The funding effort is led by Bitmine Immersion Technologies, Inc. (NYSE: BMNR), Sharplink, Inc. (NASDAQ: SBET), Ethereum co-founder Joe Lubin and other key Ethereum ecosystem contributors including Anchorage, Octant and SNZ.

As stablecoins, tokenized real-world assets, funds and autonomous AI commerce move onchain, they are converging on Ethereum as the neutral, credibly permissionless settlement layer for the global economy. Ethlabs exists to ensure the network is ready to absorb that demand at scale, advancing a faster Ethereum with trustworthy interoperability, so institutions building on Ethereum can do so with the neutrality, resilience, privacy and security they require.