BitMine Immersion Technologies · Ethereum · Bitcoin.com News
Bitmine and Sharplink Fund Ethlabs to Scale Ethereum for AI and Institutions
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Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Ethereum’s core infrastructure.
Key facts
- The organization was co-founded by five former senior Ethereum Foundation researchers: Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma
- The initiative is funded by a coalition led by Bitmine Immersion Technologies, Sharplink, Ethereum co-founder Joe Lubin, and other ecosystem backers, including Anchorage, Octant, and SNZ
- Tom Lee, chairman of Bitmine, said Ethereum is positioned for significant adoption by institutions and AI agents
- Sharplink CEO Joseph Chalom called the launch part of an “institutional supercycle” for Ethereum
Summary
Ethlabs launched with five former Ethereum Foundation researchers to strengthen core infrastructure. Bitmine, Sharplink, and Joe Lubin back Ethlabs as institutional Ethereum adoption grows. Ethlabs will focus on scaling, interoperability, and AI commerce in Ethereum’s next phase. A group of senior Ethereum contributors has launched Ethlabs, a nonprofit research and development organization built to prepare the network for a new wave of institutional and artificial intelligence (AI)-driven activity.