Ethlabs Launches to Propel Ethereum Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2026
0mins
Source: PRnewswire
- Non-Profit R&D Organization Established: Ethlabs has been launched as an independent non-profit organization aimed at preparing Ethereum for institutional adoption, gathering five senior researchers from the Ethereum Foundation to ensure Ethereum's competitiveness in future financial environments.
- Funding Support and Transparency: The funding round is led by major players like Bitmine Immersion Technologies, ensuring Ethlabs' independence, with funds allocated through an independent grant manager, enhancing the transparency and credibility of research projects.
- Technological Innovation and Infrastructure: Ethlabs will focus on enhancing Ethereum's scalability and security, promoting faster settlements and cross-chain transfers to meet the growing institutional demand, thereby solidifying Ethereum's position as a decentralized finance platform.
- Industry Outlook and Strategic Significance: As Ethereum's importance in the global economy increases, the establishment of Ethlabs signifies a commitment to technological research and talent investment within the industry, indicating that Ethereum will play a more critical role in the future digital asset ecosystem.
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Analyst Views on SBET
Wall Street analysts forecast SBET stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 5.170
Low
15.00
Averages
18.80
High
24.00
Current: 5.170
Low
15.00
Averages
18.80
High
24.00
About SBET
SharpLink, Inc. manages the Ether (ETH), the native token of the Ethereum blockchain in the United States (US). The Company also operates an online affiliate marketing business that delivers unique fan activation solutions to its online casino gaming partners. Its segments include ETH Treasury Management and Affiliate Marketing. The ETH Treasury Management segment captures ETH based yield generated by participating in the Ethereum network's staking protocol, which comprises rewards received from native staking. ETH is the global platform for stablecoins, tokenized real-world assets, and decentralized finance. The Affiliate Marketing segment is focused on performance-based customer acquisition services for leading sportsbooks and online casino gaming operators. Through its iGaming affiliate marketing network, known as PAS.net, it focuses on driving qualified traffic and player acquisitions, retention and conversions to U.S. regulated and global iGaming operator partners worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Successful Fundraising: The firm completed a $75 million registered direct offering, with the raised capital supporting its active ETH treasury management strategy, indicating a disciplined approach to capital allocation amid market volatility.
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See More
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- Diverse Funding Sources: Major investors including Bitmine, Sharplink, and Ethereum co-founder Joe Lubin provide funding for the organization, ensuring its long-term operation and development, thereby facilitating Ethereum's widespread application in finance.
- Significant Market Potential: The Ethereum network currently hosts approximately $180 billion in stablecoins, accounting for 60% of the global total, and holds about two-thirds of the market share in asset tokenization, underscoring its critical role in the financial sector.
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See More
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- Funding Background: Major investors including Bitmine, Sharplink, and Ethereum co-founder Joe Lubin have provided funding to ensure robust financial support for the organization’s operations, thereby facilitating broader adoption of Ethereum in the institutional market.
- Market Influence: Ethereum currently supports approximately $180 billion in stablecoins on its mainnet, accounting for 60% of the total supply of stablecoins, indicating its central role in financial infrastructure and is expected to attract more institutional participation.
- Strategic Focus: Ethereum Institutional will concentrate on five key areas, including institutional education, marketing, and best practices, with plans to expand its geographical presence in financial hubs like New York, London, Hong Kong, and Singapore, further enhancing its influence in the global financial market.
See More
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- Significant Market Potential: The Ethereum network currently hosts approximately $180 billion in stablecoins, representing 60% of the total global supply, indicating its increasing importance in financial markets and the likelihood of attracting more institutional participation.
- Strategic Partnerships and Impact: Ethereum Institutional has forged over 500 institutional relationships encompassing top global banks and asset management firms, driving institutions to make critical decisions in the next 12 to 24 months that will shape the financial landscape for decades to come.
- Focus on Five Key Areas: The organization will concentrate on five core areas including education, marketing, and industry standards, with coverage extending to major financial hubs like New York, London, and Hong Kong, aiming to provide comprehensive support and services to facilitate widespread adoption of Ethereum.
See More
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- Transformation Journey: Over the past 18 months, the company has rebranded from Bitfarms to focus on developing data centers and energy infrastructure for high-performance computing and artificial intelligence, reflecting its strategic pivot towards digital infrastructure.
- Market Reaction: Despite KEEL stock dropping over 6% in early trading following the index inclusion, CEO Ben Gagnon emphasized that this milestone is significant, looking forward to introducing Keel to a broader investor base.
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See More
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- Funding and Collaboration: The initiative is funded by companies like Bitmine Immersion Technologies and Sharplink, demonstrating key stakeholders' commitment to the Ethereum ecosystem, with the goal of driving technological advancements through stable funding support.
- Enhancing Technology and Security: Ethlabs will focus on improving Ethereum's scalability and security to support institutions operating on-chain at scale, ensuring its leadership position in decentralized finance and meeting future financial market demands.
- Evolution of the Ecosystem: As the Ethereum Foundation refocuses on its core mission, the establishment of Ethlabs signifies a natural evolution of the Ethereum ecosystem, facilitating the parallel development of multiple independent organizations to drive the network's ongoing progress.
See More
