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Ethereum gets an institutional privacy play backed by Bitmine, SharpLink, and Joe Lubin

7/15/2026

The case for privacy infrastructure on Ethereum has long collided with a structural problem: public chains and institutional discretion do not naturally coexist.

EthSystems, a New York startup founded by the team that ran the Ethereum Foundation's Institutional Privacy Task Force, is now working to resolve that tension, with Bitmine, SharpLink, and Joe Lubin among its financial backers.

The read-through for $ETH is whether purpose-built compliance technology finally gives large institutions the cover to deploy on-chain at scale. The founding pedigree The lineage matters.

Coming out of the Ethereum Foundation's Institutional Privacy Task Force gives EthSystems a specific credential: these are the people who diagnosed the problem at the protocol level before spinning out to address it commercially.

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