Ethereum is splitting into three power centers and ETH treasury firms are paying for two

Ethereum Institutional announced its launch on July 1, folding a year of the Foundation's go-to-market work into a group pitching Ethereum to banks and asset managers on tokenization and stablecoins. Ethlabs, built by five former senior Ethereum Foundation (EF) researchers, surfaced days earlier with the goal of faster settlement and ETH's monetary case. Bitmine, Sharplink, [ ]