Ethereum backers launch nonprofit to drive institutional adoption

Ethereum Institutional, a new independent nonprofit backed by Joe Lubin, BitMine and SharpLink, launched to coordinate Ethereum's outreach to banks and asset managers. It aims to fill a gap in the ecosystem's institutional engagement as competition from rival blockchains intensifies.

• The nonprofit will offer education, standards development, research and events targeting financial institutions.
• Ethereum hosts nearly 58% of the tokenized RWA market and roughly half of the $311 billion stablecoin market.
• The launch comes as the Ethereum Foundation undergoes a broad restructuring, including 20% staff cuts.
• ETH prices remain under pressure near $1,620, down from above $4,000 in October 2025.

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