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SharpLink-backed Ethlabs nonprofit launched to boost Ethereum infrastructure for institutions

Market News
22 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

SharpLink, Inc. shares rose 1.43% after the company helped launch Ethlabs, a new nonprofit focused on advancing Ethereum research and building infrastructure for institutional use. Ethlabs, supported by multiple Ethereum stakeholders and founded by former Ethereum Foundation researchers, aims to improve settlement speed, cross-network interoperability, and throughput on the Ethereum mainnet. The organization operates independently from its funders, ensuring research autonomy, and plans to publish transparency reports and audits. This initiative targets enhanced efficiency and security for institutional Ethereum adoption amid growing demand for stablecoins and tokenized assets.

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