Former Ethereum Foundation researcher established Ethlabs, supported by Joe Lubin, Bitmine, and SharpLink

According to GlobeNewswire, former Ethereum Foundation researchers have established an independent nonprofit organization called Ethlabs, supported by Bitmine, SharpLink, Ethereum co-founder Joe Lubin, and ecosystem participants such as Anchorage, Octant, and SNZ, aiming to prepare for the next phase of institutional adoption of Ethereum. The five co-founders include Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma, who have led significant upgrades to the network over the past decade. Ethlabs' early work will focus on the demand for large-scale institutional on-chain solutions: faster settlement speeds, native issuance, cross-chain transactions based on robust infrastructure, mainnet capacity, and research laying the foundation for the monetary properties of ETH.