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Ethereum News: Joe Lubin, Sharplink, Tom Lee's Bitmine Back New Ethereum Research Lab

The nonprofit will fund research on settlement, interoperability and mainnet capacity as stablecoins, tokenized assets and AI commerce move onchain.

  • On Monday, a group of former Ethereum Foundation researchers launched Ethlabs, an independent nonprofit research and development organization backed by Bitmine Immersion Technologies and SharpLink Gaming.
  • This launch signals a transition toward a 'multi-node' development model, as the Ethereum Foundation refocuses its mandate following recent high-profile exits, including co-executive director Hsiao-Wei Wang last week.
  • Focusing on institutional needs, Ethlabs will prioritize faster transaction settlement and expanded network capacity to prepare Ethereum for institutional adoption from agentic finance.
  • Ethereum currently dominates the $300 billion stablecoin market with a 53% share and hosts roughly half of the $32 billion tokenized asset market, RWA data shows.
  • Consensys CEO Joe Lubin stated the organization aims to recognize "steward nodes of Ethereum," each configured to evolve and protect the network while supporting institutional growth.
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Ethlabs is creating a new contact point for the further development of Ethereum. The project is financed by Joe Lubin, SharpLink and BitMine. Source: BTC-ECHO BTC-ECHO

Key points of the news: Strategic launch: Former researchers from the Ethereum Foundation officially presented the independent non-profit organisation Ethlabs. Treasury support: The initiative has the financial support of Joe Lubin, Bitmine Immersion Technologies and SharpLink, large crypto fund holding firms. Network focus: The laboratory will concentrate its operations on accelerating the liquidation speed, expanding the capacity of the main l…

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TokenPost broke the news on Monday, June 22, 2026.
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