A new nonprofit backed by BitMine, SharpLink and Joseph Lubin spins the Ethereum Foundation’s institutional outreach work into an independent organization, the second such steward group the three backers have funded in ten days, as the Foundation itself shrinks. According to The Defiant, a new nonprofit backed by bitmine, sharplink and joseph lubin spins the ethereum foundation’s institutional outreach work into an independent organization, the second such steward group the three backers have funded in ten days, as the foundation itself shrinks.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.
