Ethereum Institutional has launched a core team recruitment drive, focusing on institutional market development and technical positions.
Related
Ethereum Institutional Launches Core Team Recruitment
Odaily Odaily reports that Ethereum Institutional has announced the start of a core team recruitment drive, with a focus on recruiting for Institutional Business Development (Institutional GTM), Marketing and Community Operations, as well as technical positions such as Solution Architecture and Technical Project Leads in the coming weeks.
Ethereum Institutional signals support for Ethlabs’ motion to reduce Ethereum block times
The non-profit signaled support for reducing Ethereum block times, citing increasing institutional activity moving onto the smart-contract network.
EthLabs released its "Week2" update report, highlighting progress on Ethereum interoperability, PropAMMs, and funding.
According to Mars Finance, on July 6th, Barnabé Monnot (barnabé.eth), founder of EthLabs, released a "Week 2" update, summarizing the team's latest progress and ecosystem discussions during the launch and fundraising phases. Regarding interoperability, the team stated they are increasing their confidence in "asynchronous interoperability based on zero-knowledge proofs (zk)," believing this will help build more secure cross-chain bridges and improve the native distribution capabilities of assets across Ethereum's multi-layered network. Currently, some cross-chain paths still suffer from latency issues, especially in the L2→L1 direction; in this context, the intents mechanism can serve as a transitional solution, while sufficient L1 liquidity also helps match cross-chain solvers. Meanwhile, the L1→L2 path is expected to significantly reduce confirmation latency through the Fast Confirmation Rule (FCR), and some clients have already begun integrating this mechanism. In terms of ecosystem discussions, PropAMMs (proposal-based AMMs) have recently become a focus of attention for many teams and researchers, primarily due to their potential optimization space between L1 execution efficiency and transaction building. Meanwhile, ENS is emphasized as a "critical infrastructure for Ethereum," and the team continues to communicate with relevant stakeholders to advance its development direction. Regarding team building, Ethlabs has received over 300 applications and has processed approximately 20%. The short-term goal is to expand to approximately 10 people, and the medium-term goal is to expand to approximately 20 people, focusing on recruiting talent with engineering capabilities and domain expertise. Regarding funding, Ethlabs stated that its current funding round is nearing completion and has secured early support from BitMNR, Sharplink, and Ethereum Joseph. The plan is to bring in 1-2 more core investors before moving to the next stage.
A former Polymarket team member stated that the POLY token will not be launched in the short term and may require a long wait.
According to Odaily Odaily, in response to community user analysis suggesting that Polymarket might launch the POLY token in the fourth quarter of this year (or 2028), former Polymarket team member Greg responded that "the POLY token will not be launched in the short term; it may take a long time." Furthermore, Greg stated that Polymarket's early promotion of the token was purely a marketing tactic, but he has since deleted his tweet mentioning "marketing."
Nomura Securities: The core contradiction in the global storage industry remains a severe supply shortage, while AI-driven structural demand growth has not yet peaked.
According to Mars Finance, Nomura Securities, in its latest report, believes that the core contradiction in the global storage industry remains a severe supply shortage, and the structural demand growth driven by AI has not yet peaked. While recent investor concerns about oversupply are understandable, they are clearly excessive, and the market's overreaction may provide a window for reassessing the storage sector's valuation. Nomura Securities states bluntly in its report that market concerns are severely exaggerated. The cycle of semiconductor investment translating into actual production capacity is extremely long. South Korea's massive 4800 trillion won investment plan will take at least 5 to 10 years to convert into actual production capacity, and the squeeze on general-purpose storage capacity by high-profit HBM (high-bandwidth memory) is leading to a severe supply shortage in the market. Nomura Securities emphasizes that Meta's decision is by no means a turning point for reduced demand for AI-related hardware. On the contrary, due to the current shortage of computing power leading to an upward trend in single-token prices, the entry of Meta's computing power into the market is expected to stabilize token prices. (Cailian Press)
predict.fun Institutional-grade block trading function officially launched
According to official news from Mars Finance, the BNB ecosystem prediction market platform predict.fun has announced the launch of an institutional-grade bulk trading function. This function provides off-chain matching and on-chain settlement services for large-scale transactions on the platform, supporting institutional users in conducting large-scale prediction market transactions. Through a dedicated matching service, buyers and sellers can directly match counterparties to complete large orders in a single peer-to-peer (P2P) transaction, avoiding issues such as slippage, insufficient liquidity, and position exposure in traditional order book trading. It is understood that predict.fun will waive all over-the-counter (OTC) transaction-related fees for the next two weeks.