On September 29, 2025, Sharps Technology, Inc. (STSS) announced a partnership with Crypto.com to expand its Solana‑focused digital asset treasury strategy. The announcement was made via a PRNewswire release dated September 30, 2025, and the partnership was described as a new step in STSS’s institutional treasury management.
Under the agreement, STSS will use Crypto.com’s institutional‑grade custody infrastructure and over‑the‑counter desk to manage its holdings of more than 2 million SOL, which are currently valued at over $400 million with the token trading above $200. Crypto.com will also integrate several Solana projects, providing STSS with deep liquidity and competitive pricing for its treasury operations.
The partnership signals STSS’s commitment to treating its Solana treasury as a balance‑sheet strategy while simultaneously advancing the broader Solana ecosystem. By leveraging Crypto.com’s platform, STSS aims to generate yield on its digital assets and expand liquidity across Solana, positioning the company as a leading corporate holder of SOL and potentially creating new revenue streams from treasury activities.
This move follows STSS’s August 25 private placement of over $400 million to fund its digital asset strategy and its earlier partnerships with Jupiter Exchange, BONK, and Pudgy Penguins. The Crypto.com collaboration builds on those efforts, providing a robust custodial and trading solution that could enhance the efficiency and security of STSS’s treasury operations.
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