#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge TLDR
ETHLabs launched as a new Ethereum-focused nonprofit led by five former Ethereum Foundation researchers.
BitMine, SharpLink, and Ethereum co-founder Joseph Lubin joined the initiative as anchor funders.
ETHLabs aims to support Ethereum’s growth as a global financial settlement layer.
The organization plans to connect application developers with Ethereum’s core protocol teams.
More than 50 individuals and organizations, including Coinbase, Polygon, and Uniswap representatives, support the project.
A new Ethereum-focused nonprofit has launched with support from BitMine, SharpLink, and Ethereum co-founder Joseph Lubin. The organization, called ETHLabs, aims to accelerate Ethereum’s use as a global financial settlement layer. The launch comes as the Ethereum Foundation shifts toward a smaller role and encourages independent groups to expand research and development efforts across the ecosystem.
ETHLabs Launches With Support From Major Ethereum Backers
ETHLabs announced its formation on June 22 through a post on X. The nonprofit was founded by five former Ethereum Foundation researchers and developers. The group said it aims to help make Ethereum the settlement layer of the global economy.
Announcing Ethlabs: a non-profit R&D lab for Ethereum and ETH
Our mission is to make Ethereum the settlement layer of the global economy.
The internet became global because shared protocols created a common language between networks. Private systems remained useful, but…
— Ethlabs (@ethlabs_org) June 22, 2026
The organization plans to work between application developers and Ethereum’s core protocol teams. It will focus on standards, infrastructure, and coordination. ETHLabs said it wants to connect real-world needs with technical development efforts.
Julian Ma, one of the founders, outlined the group’s direction in a public state
All Comments0LatestHot