Unchained · Friday, July 3, 2026
Eth Labs, launched the previous week, is a non-profit focused on ensuring Ethereum's technical readiness for institutions. It is independently run with external board members, and its major backers, including Sharplink, Tom Lee at Bitmine, and Joe Lubin, will not be on the board.
“This comes on the heels of the establishment of Eflabs, which was launched last week and seems to be focused on ensuring that Ethereum is technically able to deliver to institutions building on it.”
“So that first announcement was an incredibly talented ecosystem team that's going to be building the future of Ethereum and the protocol for what institutions are looking for.”
“Eth Labs is going to be run as a completely independent, uh, group of people. It's a non-profit, it will have independent board members. The largest backers, which are Sharplink, Tom Lee at Bitmine and Joe Lubin, will not be board members.”