InvestmentJun 22, 2026, 01:32 PM
Sharplink Co-Founds Ethlabs to Advance Ethereum Institutional Adoption
AI Summary
Sharplink, Inc. announced its role as a co-funder of Ethlabs, a newly launched independent, nonprofit research and development organization. Ethlabs is formed to prepare the Ethereum network for a significant wave of institutional adoption, focusing on scalability, interoperability, and security. Sharplink's CEO emphasized the company's commitment to strengthening the Ethereum ecosystem and supporting its foundational technology.
Key Highlights
- Sharplink co-funds Ethlabs, a new independent, nonprofit R&D organization.
- Ethlabs aims to ready Ethereum for the next phase of institutional adoption.
- Funding effort led by Sharplink, Bitmine Immersion Technologies, Joe Lubin, and others.
- Cofounded by five former senior Ethereum Foundation researchers.
- Ethlabs' early work focuses on faster settlement and robust cross-chain infrastructure.
- Funding structure ensures Ethlabs' independence with transparent reporting.
- Sharplink CEO states they are at the beginning of an "institutional supercycle on Ethereum."
Price Impact
More from SBET