June 23, 2026 ChainGPT

Former Ethereum Foundation Researchers Launch Ethlabs Nonprofit Backed by Joe Lubin, Bitmine

Former Ethereum Foundation Researchers Launch Ethlabs Nonprofit Backed by Joe Lubin, Bitmine
Headline: Former Ethereum Foundation researchers launch Ethlabs with backing from Joe Lubin, Bitmine and others A group of five former senior Ethereum Foundation researchers has launched Ethlabs, an independent nonprofit research organization aimed at advancing Ethereum’s core protocol — and it’s backed by heavy hitters across the ecosystem including Joe Lubin, Bitmine and Sharplink. Ethlabs was founded by Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz Schilling, Josh Rudolf and Julian Ma. The new group says it will focus on technical research areas critical to Ethereum’s next phase of growth: settlement speed, network capacity, native asset issuance, cross-chain interoperability and monetary design. Founders bring prior work on scaling, finality, data availability, protocol economics and virtual machine development. The organization announced support from a mix of corporate and ecosystem contributors — Bitmine, Sharplink, Anchorage, Octant, SNZ and others — but did not disclose the size of the funding. Ethlabs says the nonprofit model is designed to give researchers a long-term home and predictable funding while preserving independence to keep working on core protocol issues. “As longtime contributors to the core protocol, we are establishing an independent non-profit organization to advance Ethereum’s core technology and the shared standards and infrastructure builders depend on,” Ethlabs executive director Ansgar Dietrichs said in a statement. The group also tied its priorities to growing on-chain financial activity — stablecoins, tokenized assets, investment products — and the rise of AI-driven commerce, areas it says will require more robust protocol research as institutions and automated agents move onto public blockchains. Ethereum co-founder Joe Lubin framed Ethlabs as another stewardship organization operating alongside the Ethereum Foundation and other independent teams working on protocol development. Corporate backers emphasized the pragmatic rationale: Bitmine chairman Tom Lee argued that institutional and AI adoption could boost demand for protocol research and technical capacity, while Sharplink CEO Joseph Chalom called the move “the beginning of an institutional supercycle on Ethereum,” saying supporting core protocol researchers is a concrete way to invest in the network’s long-term resilience. Bitmine’s recent activity underscores that trend: the company recently acquired another 52,203 ETH (about $90 million), lifting its holdings and signaling rising corporate exposure to Ethereum. Despite such corporate support, Ethlabs says research decisions will remain independent. Contributions are to be routed through an external grants administrator that evaluates and distributes funds; donors will receive quarterly reports and annual independent audits but will not control research priorities, roadmaps or organizational decisions. The launch highlights an increasing reliance on independent research organizations in Ethereum’s development ecosystem — a shift that backers and founders say is intended to scale up technical capacity while keeping governance of core research insulated from corporate influence. Read more AI-generated news on: undefined/news