Ether’s biggest corporate holders back new Ethereum research hub (opens original article in a new tab)

Five former Ethereum Foundation researchers have established Ethlabs, an independent nonprofit backed by major ETH holders, to advance Ethereum through a multi-node development model amid organizational changes at the Ethereum Foundation.

• Five former Ethereum Foundation researchers launched Ethlabs, an independent nonprofit backed by major ETH holders like SharpLink and Bitmine
• Ethlabs aims to advance Ethereum through a multi-node development model with independent organizations sharing responsibility
• Ethlabs will focus on faster transactions, expanding Ethereum's capacity, and improving infrastructure for tokenized assets and stablecoins
• The Ethereum Foundation is experiencing high-level departures, including co-executive director Hsiao-Wei Wang stepping down