Five former Ethereum Foundation researchers launch Ethlabs backed by Joe Lubin, Bitmine and SharpLink

Five former Ethereum Foundation researchers have launched Ethlabs, an independent nonprofit R&D group backed by Ethereum co-founder Joe Lubin and major ETH treasury firms. The move signals that some core Ethereum research is shifting into independently funded organizations outside the Ethereum Foundation. The shift could influence how Ethereum evolves as more institutional capital moves on-chain.