{"id":974375,"date":"2026-06-22T14:06:48","date_gmt":"2026-06-22T18:06:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/"},"modified":"2026-06-22T14:06:48","modified_gmt":"2026-06-22T18:06:48","slug":"ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/","title":{"rendered":"Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#8217;s Institutional Supercycle"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>New nonprofit research and development lab brings together a group of senior technical contributors from the <span>Ethereum<\/span> Foundation to ready the network for step-function wave of adoption from institutions, agentic finance and <span>DeFi<\/span><\/i>\n      <\/p>\n<p>\n        <i>Ethlabs to reinforce foundational commitments to credible neutrality, censorship resistance and security<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">June 22, 2026<\/span> \/PRNewswire\/ &#8212; A coordinated group of <span>Ethereum<\/span> ecosystem stewards today announced the launch of Ethlabs, an independent, nonprofit research and development organization formed to ready <span>Ethereum<\/span> for the next phase of institutional adoption. The funding effort is led by Bitmine Immersion Technologies, Inc. (NYSE: BMNR), Sharplink, Inc. (NASDAQ: SBET), <span>Ethereum<\/span> co-founder Joe Lubin and other key <span>Ethereum<\/span> ecosystem contributors including Anchorage, Octant and SNZ.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS1870405\/image.jpg?id=OA2727755\" title=\"Ethlabs\" alt=\"Ethlabs\" \/>\n        <\/p>\n<\/p><\/div>\n<p>As <span>stablecoins<\/span>, tokenized real-world assets, funds and autonomous AI commerce move onchain, they are converging on <span>Ethereum<\/span> 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 <span>Ethereum<\/span> with trustworthy interoperability, so institutions building on <span>Ethereum<\/span> can do so with the neutrality, resilience, privacy and security they require.<\/p>\n<p>Cofounded by five former senior <span>Ethereum<\/span> Foundation researchers: Ansgar Dietrichs, Barnab\u00e9 Monnot, Caspar Schwarz-Schilling, Josh Rudolf and Julian Ma, Ethlabs brings together researchers responsible for key contributions to finality, scaling, data availability, the virtual machine and protocol economics \u2014 the technologists who have guided the network through its most consequential upgrades over the past decade. This initiative gives that work a dedicated institutional home with stable, long-term funding.<\/p>\n<p>The launch reflects a natural evolution of the <span>Ethereum<\/span> ecosystem. As the <span>Ethereum<\/span> Foundation refocuses on its core mandate and embraces a multi-node future, Ethlabs emerges as one of several independent organizations advancing the network in parallel. Ethlabs&#8217; early work will center on what institutions need to move onchain at scale: faster settlement, native issuance and cross-chain movement on robust infrastructure, capacity on mainnet and research that grounds <span>ETH<\/span>&#8216;s monetary properties.<\/p>\n<p>\n        <b>Thomas &#8220;Tom&#8221; Lee, Chairman of Bitmine.<\/b> &#8220;We believe <span>Ethereum<\/span> is positioned to grow significantly in adoption by institutions and by AI agents. And naturally, the ecosystem needs to dramatically expand its investment in talent and research to support this growth. The formation of Ethlabs demonstrates that key stakeholders are stepping up to help ensure <span>Ethereum<\/span> remains a leading platform for <span>decentralized<\/span> finance. We believe positive momentum is building in the <span>digital asset<\/span> ecosystem, and initiatives like this strengthen the foundation of the ecosystem as the community works together to advance <span>Ethereum<\/span>&#8216;s next chapter. As a significant institutional participant in the <span>Ethereum<\/span> ecosystem, Bitmine is excited to help serve as a steward of <span>Ethereum<\/span>&#8216;s long-term growth and support the dedicated builders, researchers and innovators who are helping shape its future.&#8221;<\/p>\n<p>\n        <b>Joseph Chalom, Chief Executive Officer of Sharplink.<\/b> &#8220;We are at the beginning of an institutional supercycle on <span>Ethereum<\/span>, and the researchers behind this organization are the people who will make the network ready to carry it. They have quietly shaped <span>Ethereum<\/span> for the better part of a decade, and giving their work a stable, independent home is one of the most meaningful contributions we can make to the ecosystem. We hold <span>ETH<\/span> because we believe in what this network is becoming, and supporting the people advancing it at the protocol level is the clearest way we know to back that conviction. This is what responsible stewardship looks like: using our position to drive the next wave of institutional adoption and to strengthen the foundation the entire onchain economy will be built on. Sharplink is proud to help bring Ethlabs to life, alongside our ecosystem partners.&#8221;<\/p>\n<p>\n        <b>Joe Lubin, <span>Ethereum<\/span> co-founder and founder and Chief Executive Officer of Consensys.<\/b> &#8220;<span>Ethereum<\/span> is entering its next stage of evolution. We are now poised to recognize and implement the idea that there should be a number of steward nodes of <span>Ethereum<\/span>, each configured in their unique way to evolve and protect what is sacred about the network and massively grow the world&#8217;s appreciation and utilization of it. With support from the Sharplink, Bitmine and many others, Ethlabs is the latest group of EF origin that is externalizing to become a major node of the network of &#8220;Responsible Institutions and Stewards of <span>Ethereum<\/span>&#8220;. By providing a long-term, independent home to researchers and developers advancing <span>Ethereum<\/span>&#8216;s core technology and values, Ethlabs will be instrumental in preparing the network for the next major wave of adoption, from institutional finance to agentic commerce, with the scale, security, interoperability and resilience that global institutions require. Today and going forward the <span>Ethereum<\/span> ecosystem will be further <span>decentralized<\/span>, enormously stronger with each steward more focused and empowered.&#8221;<\/p>\n<p>\n        <b>Ansgar Dietrichs, Executive Director of Ethlabs.<\/b> &#8220;<span>Ethereum<\/span> is at a pivotal moment. A decade of uninterrupted operation and a track record of credible neutrality have earned it the trust of users and institutions around the world. As blockchain systems move rapidly into mainstream use, the coming years will define the shape of the onchain economy for decades. <span>Ethereum<\/span> is uniquely positioned to become the shared base layer of that economy, the neutral foundation the broader onchain ecosystem is built on, where users, institutions, and agents can transact and interoperate without intermediation. Ethlabs was created to help <span>Ethereum<\/span> realize that potential. As longtime contributors to the core protocol, we are establishing an independent non-profit organization to advance <span>Ethereum<\/span>&#8216;s core technology and the shared standards and infrastructure builders depend on, and we are excited to carry forward that work at the moment it matters most.&#8221;<\/p>\n<p>The funding effort has been organized to preserve Ethlabs independence at every level. Contributions flow through an independent grants administrator that handles screening, valuation and disbursement. Funders provide accountability through transparent quarterly reporting and an independent annual audit, rather than influence over the research agenda. Final decisions on research priorities and technical direction will rest with Ethlabs leadership.<\/p>\n<p>\n        <b>About Bitmine<\/b><br \/>\n        <br \/>Bitmine (NYSE: BMNR) is a <span>Bitcoin<\/span> miner with operations in the US. The company is deploying its excess capital to be the leading <span>Ethereum<\/span> Treasury company in the world, implementing an innovative <span>digital asset<\/span> strategy for institutional investors and public market participants. Guided by its philosophy of &#8220;the alchemy of 5%,&#8221; the Company is committed to <span>ETH<\/span> as its primary treasury reserve asset, leveraging native protocol-level activities including staking and <span>decentralized<\/span> finance mechanisms. The Company launched MAVAN (Made-in America Validator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.<\/p>\n<p>\n        <b>About Sharplink<\/b><br \/>\n        <br \/>Sharplink (NASDAQ: SBET) is a leading institutional-grade <span>Ethereum<\/span> treasury platform designed to give public market investors smarter, more productive exposure to <span>ETH<\/span>. <span>Ethereum<\/span> underpins the majority of global <span>stablecoin<\/span>, tokenized real-world assets and <span>decentralized<\/span> finance settlement, making <span>ETH<\/span> a unique native yield generation and long-term network growth opportunity. Sharplink was founded in 2019 and is headquartered in Miami, Florida. Learn more at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4716802-1&amp;h=2915983773&amp;u=http%3A%2F%2Fwww.sharplink.com%2F&amp;a=www.sharplink.com\" target=\"_blank\" rel=\"nofollow\">www.sharplink.com<\/a>.<\/p>\n<p>\n        <b>About Ethlabs<\/b><br \/>\n        <br \/>Ethlabs is an independent, nonprofit research and development lab and ecosystem steward focused on the next era of growth for <span>Ethereum<\/span> and <span>ETH<\/span>. It exists to turn <span>Ethereum<\/span>&#8216;s unique properties into infrastructure, standards, and outcomes that users, builders, institutions, and asset issuers can rely on. All of its research is published openly. Learn more at ethlabs.org.<\/p>\n<p>\n        <b>Forward-Looking Statement<\/b>\n      <\/p>\n<p>This press release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated institutional interest in <span>Ethereum<\/span>, research focus and technical roadmaps, governance arrangements, grants administration and oversight mechanisms, and treasury and digital-asset strategies. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially, including market conditions for digital assets, regulatory changes, protocol-level developments or setbacks, the timing and success of research efforts, funding availability, and general economic conditions. Additional risk factors are described in Sharplink&#8217;s and Bitmine&#8217;s SEC filings at <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a>. Forward-looking statements speak only as of the date of this release, are not guarantees, and neither Sharplink nor Bitmine undertakes any obligation to update them except as required by law. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or <span>digital asset<\/span>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY89192&amp;sd=2026-06-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-302806705.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-302806705.html<\/a><\/p>\n<p>SOURCE Ethlabs<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY89192&amp;Transmission_Id=202606221403PR_NEWS_USPR_____NY89192&amp;DateId=20260622\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire 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 22, 2026 \/PRNewswire\/ &#8212; 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#8217;s Institutional Supercycle&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-974375","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#039;s Institutional Supercycle - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#039;s Institutional Supercycle - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire 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 22, 2026 \/PRNewswire\/ &#8212; 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 &hellip; Continue reading &quot;Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#8217;s Institutional Supercycle&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-22T18:06:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS1870405\/image.jpg?id=OA2727755\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum&#8217;s Institutional Supercycle\",\"datePublished\":\"2026-06-22T18:06:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/\"},\"wordCount\":1377,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS1870405\\\/image.jpg?id=OA2727755\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\\\/\",\"name\":\"Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ethlabs-founded-by-former-ethereum-foundation-contributors-and-funded-by-bitmine-sharplink-and-joe-lubin-launches-to-accelerate-ethereums-institutional-supercycle-2\/","og_locale":"en_US","og_type":"article","og_title":"Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle - Market Newsdesk","og_description":"PR Newswire 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 22, 2026 \/PRNewswire\/ &#8212; 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. 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