Ethlabs, a new Ethereum research lab backed by the network's two largest corporate holders, launched this week with a pitch to complement the Ethereum Foundation. Its own funders concede it will also compete. And they won't say how much money is behind it.

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

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

Bitmine, Sharplink and Joe Lubin are backing Ethlabs, a new nonprofit founded by former Ethereum Foundation researchers.

Ethlabs was formed with support from SharpLink, Bitmine and Consensys CEO Joe Lubin as the network's development is expanding beyond the Ethereum Foundation.

PRNewswire, PRNewswire, 22nd June 2026, Chainwire

Ethlabs, backed by Joe Lubin and the two largest ETH DATs, Bitmine and SharpLink, will focus on institutional adoption.

Bitmine, Sharplink and Joe Lubin have backed the launch of Ethlabs, a nonprofit made to help scale Ethereum for institutions amid an Ethereum Foundation funding crisis.

Ethlabs, a new independent nonprofit research lab has launched to strengthen Ethereum’s core infrastructure.

Ethlabs, a new Ethereum research lab backed by the network's two largest corporate holders, launched this week with a pitch to complement the Ethereum Foundation. Its own funders…