---
title: "Ethereum backers launch nonprofit to lead institutional adoption efforts"
url: https://thecoingazette.com/ethereum-backers-launch-nonprofit-to-lead-institutional-adoption-efforts/
date: 2026-07-01
modified: 2026-07-01
author: "Coin Gazette Editorial"
description: "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."
categories:
  - "Uncategorized"
tags:
  - "Latest News"
word_count: 27
---

# Ethereum backers launch nonprofit to lead institutional adoption efforts

![Ethereum backers launch nonprofit to lead institutional adoption efforts](https://s3-images.ctmedia.io/media/article-covers/hi-most-interesting-solutions-being-developed-for-ethereum-network.jpg)

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.