Some of Ethereum's largest holders are coming together to fund Ethlabs, a new R&D lab aimed at boosting the network and ETH.

Five former Ethereum Foundation researchers launch Ethlabs, an independent non-profit R&D lab for Ethereum, backed by Bitmine, Sharplink, and ConsenSys founder Joe Lubin.

Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle