Ethlabs stories

Jul 1, 2026

Ethereum Institutional Launches as Second Major Nonprofit in Nine Days, Backed by Standard Chartered, Joe Lubin and BitMine

A new Ethereum-focused nonprofit called Ethereum Institutional has launched with backing from Standard Chartered, Consensys CEO Joseph Lubin, Tom Lee's BitMine, and SharpLink Gaming. The launch comes just nine days after EthLabs debuted, marking a rapid expansion of Ethereum's institutional support infrastructure.

Jul 1, 2026·3 sources

EthLabs launches amid major Ethereum leadership transition

A new entity called EthLabs has been launched as Ethereum undergoes what is described as its biggest leadership transition in years, marking a significant organizational shift for the blockchain network.

Jul 1, 2026·1 source

Top claims

▪The launch of Ethereum Institutional follows the June 22, 2026, debut of EthLabs, marking the launch of two major Ethereum-focused nonprofits within a nine-day period.
▪Ethereum Institutional aims to serve as a neutral, credible counterpart to help financial institutions navigate technical and commercial decisions when building on Ethereum.
▪Etherealize CEO Vivek Raman and Aztec Labs CEO Joe Andrews endorsed the launch of Ethereum Institutional as a reflection of the continued decentralization of Ethereum's support ecosystem.

Topics

Ethereum Foundation Institutional crypto adoption Ethereum Foundation in transition (2026)Ethereum Crypto

Blockchain governance

Ethereum governance

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