New Nonprofit Launches to Drive Institutional Adoption of Ethereum

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A new nonprofit organization has been established with a specific focus on accelerating Ethereum's adoption among institutional players. The initiative emerges as the Ethereum Foundation shifts its priorities toward maintaining and stewarding the core protocol. Independent organizations like EthLabs are stepping in to fill ecosystem roles, including research and development functions. This division of responsibilities reflects a broader trend of decentralizing Ethereum's organizational structure across multiple entities.

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