EthLabs advances funding, securing initial support from Bitmine, Sharplink, and Joseph Lubin

Odaily reports that EthLabs stated it is advancing team recruitment and fundraising, having secured initial support from Bitmine, Sharplink, and Joseph Lubin. It is now seeking 1 to 2 additional anchor sponsors. The project's main focus is developing asynchronous cross-chain interoperability based on zk technology, while also investigating improvements to L1 to L2 connection latency through the Fast Confirmation Rule.