Ethereum backers launch nonprofit to lead institutional adoption efforts

Bullish+8.41%

1 Jul, 16:39

Source: Cointelegraph

AI Summary

Ethereum backers including BitMine and SharpLink launch a nonprofit organization to drive institutional adoption of Ethereum as competition for institutional capital intensifies.

Ethereum backers launch nonprofit to lead institutional adoption efforts

Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition for institutional capital heats up.