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Illustration of Ethereum researchers in a lab receiving funding from major holders for Ethlabs.
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Major Ethereum holders back new research lab

Reported by AI Image generated by AI

SharpLink, Bitmine and Consensys CEO Joe Lubin are funding Ethlabs, a new nonprofit research organization launched by five former Ethereum Foundation researchers.

SharpLink and Forward Industries will be added to the Russell 2000 and Russell 3000 indexes at the end of June. The move could draw passive investment from index-tracking funds. SharpLink is backed by Ethereum co-founder Joe Lubin.

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