Crypto
Former Ethereum Foundation researchers launch Ethlabs backed by BitMine and SharpLink
Five former Ethereum Foundation researchers have set up a nonprofit research and development organisation, Ethlabs, to conduct Ethereum research aimed at shifting institutional investors onchain. CoinPost reported that BitMine and SharpLink are major backers. Ethlabs said its initial work will focus on conditions needed for large-scale institutional flows onchain, including faster settlement, native issuance, cross-chain transfers, mainnet throughput and Ethereum’s monetary characteristics.