Sharps Technology and Jupiter Exchange Announce Staking Partnership to Accelerate Solana Adoption
Sharps Technology (NASDAQ: STSS) has announced a strategic partnership with Jupiter Exchange, a leading Solana DeFi superapp, to enhance its Solana digital asset treasury strategy. STSS will stake a portion of its SOL holdings into Jupiter's validator and JupSOL platform.
The company recently acquired over 2 million SOL tokens (valued at approximately $400 million at SOL's current price of $220+) through a PIPE transaction. Jupiter Exchange has processed over $2 trillion in lifetime trading volume and operates one of Solana's top three largest validators by staked tokens.
Through this partnership, STSS aims to earn staking yields while expanding liquidity in the Jupiter and Solana ecosystems, demonstrating its commitment to supporting Solana's network validation and economic security.
Sharps Technology (NASDAQ: STSS) ha annunciato una partnership strategica con Jupiter Exchange, una superapp DeFi leader su Solana, per migliorare la strategia di tesoreria di asset digitali Solana. STSS lascerà una parte delle proprie SOL al validator e alla piattaforma JupSOL di Jupiter.
L’azienda ha recentemente acquisito oltre 2 milioni di token SOL tramite una transazione PIPE, valutati circa 400 milioni di dollari al prezzo attuale di SOL di circa 220$. Jupiter Exchange ha processato oltre 2 trilioni di dollari in volume di trading e gestisce uno dei tre validator più grandi di Solana in base ai token investiti.
tramite questa partnership, STSS punta a ottenere rendimenti di staking e ad aumentare la liquidità negli ecosystem di Jupiter e Solana, dimostrando il proprio impegno nel supportare la validazione della rete Solana e la sua sicurezza economica.
Sharps Technology (NASDAQ: STSS) anuncia una asociación estratégica con Jupiter Exchange, una super app DeFi líder de Solana, para mejorar su estrategia de tesorería de activos digitales de Solana. STSS apostará una parte de sus SOL en el validador y en la plataforma JupSOL de Jupiter.
La empresa adquirió recientemente más de 2 millones de tokens SOL mediante una operación PIPE, valorados en aproximadamente 400 millones de dólares al precio actual de SOL de alrededor de 220$. Jupiter Exchange ha procesado más de 2 billones de dólares en volumen de trading y opera uno de los tres validadores más grandes de Solana por tokens apostados.
A través de esta asociación, STSS busca obtener rendimientos de staking y ampliar la liquidez en los ecosistemas de Jupiter y Solana, demostrando su compromiso con apoyar la validación de la red de Solana y su seguridad económica.
Sharps Technology (나스닥: STSS)가 Solana DeFi 슈퍼앱인 Jupiter Exchange와 전략적 파트너십을 발표했습니다. 이로써 Solana 디지털 자산 보유 현금 자산 관리 전략을 강화하고 STSS는 보유 SOL의 일부를 Jupiter의 밸리데이터 및 JupSOL 플랫폼에 예치합니다.
회사는 최근 PIPE 거래를 통해 2백만 개가 넘는 SOL 토큰을 인수했으며, SOL의 현재 가격 약 220달러로 가치를 산정하면 약 4억 달러에 달합니다. Jupiter Exchange는 누적 거래량이 2조 달러를 초과했으며, 스테이킹 토큰 기준으로 Solana에서 상위 3대 검증자 중 하나를 운영합니다.
이 파트너십을 통해 STSS는 스테이킹 수익을 얻고 Jupiter 및 Solana 생태계의 유동성을 확장하여 Solana 네트워크의 검증 및 경제적 보안을 지지하겠다는 약속을 보여줍니다.
Sharps Technology (NASDAQ: STSS) a annoncé un partenariat stratégique avec Jupiter Exchange, une super app DeFi leader sur Solana, afin d’améliorer sa stratégie de trésorerie des actifs numériques Solana. STSS déposera une partie de ses SOL sur le validateur et sur la plateforme JupSOL de Jupiter.
L’entreprise a récemment acquis plus de 2 millions de tokens SOL via une transaction PIPE, évalués à environ 400 millions de dollars au prix actuel de SOL d’environ 220$. Jupiter Exchange a traité plus de 2 000 milliards de dollars de volume de trading et exploite l’un des trois plus grands validateurs de Solana par les tokens mis en stake.
Grâce à ce partenariat, STSS vise à obtenir des rendements de staking tout en augmentant la liquidité dans les écosystèmes Jupiter et Solana, démontrant son engagement à soutenir la validation du réseau Solana et sa sécurité économique.
Sharps Technology (NASDAQ: STSS) hat eine strategische Partnerschaft mit Jupiter Exchange, einer führenden Solana DeFi-Superapp, angekündigt, um seine Strategie für Solana-Digitalasset-Tresore zu verbessern. STSS wird einen Teil seiner SOL-Bestände in den Validator und die JupSOL-Plattform von Jupiter investieren.
Das Unternehmen hat kürzlich über 2 Millionen SOL-Tokens (bei dem aktuellen SOL-Preis von etwa 220$) durch eine PIPE-Transaktion erworben, was einem Wert von rund 400 Millionen Dollar entspricht. Jupiter Exchange hat über 2 Billionen Dollar an kumuliertem Handelsvolumen verarbeitet und betreibt einen der drei größten Validatoren von Solana basierend auf gestakten Tokens.
Durch diese Partnerschaft will STSS Staking-Erträge erzielen und die Liquidität in den Jupiter- und Solana-Ökosystemen erhöhen, um sein Engagement zur Unterstützung der Validierung des Solana-Netzwerks und seiner wirtschaftlichen Sicherheit zu demonstrieren.
Sharps Technology (بورصة ناسداك: STSS) أعلنت عن شراكة استراتيجية مع Jupiter Exchange، تطبيق دي-فاي رائد على Solana، لتعزيز إستراتيجيتها لاحتياطي الأصول الرقمية على Solana. ستودع STSS جزءاً من SOL لديها في مُصدّق الجهة المُحقّقة ( validator ) ومنصة JupSOL التابعة لـ Jupiter.
وقد اشترت الشركة مؤخراً أكثر من 2 مليون رمز SOL من خلال صفقة PIPE، بقيمة تقارب 400 مليون دولار عند سعر SOL الحالي نحو 220 دولاراً. شهدت Jupiter Exchange أكثر من 2 تريليون دولار من حجم التداول عبر الحياة وتدير واحداً من أكبر ثلاثة مُصدّقي Solana من حيث الرموز المُرخّصة.
من خلال هذه الشراكة، تهدف STSS إلى تحقيق عوائد من الـ staking وتوسيع السيولة في أنظمة Jupiter وSolana، وهو ما يُظهر التزامها بدعم تحقق الشبكة Solana وأمنها الاقتصادي.
Sharps Technology（纳斯达克代码：STSS）宣布与 Jupiter Exchange 建立战略伙伴关系，Jupiter Exchange 是 Solana 的领先 DeFi 超应用，以提升其 Solana 数字资产金库策略。STSS 将把部分 SOL 持仓质押在 Jupiter 的验证节点及 JupSOL 平台上。
该公司最近通过 PIPE 交易获得了 超过 200 万个 SOL 代币，按 SOL 现价约 220 美元计算，价值约 4 亿美元。Jupiter Exchange 的历史交易量超过 2 万亿美元，并运营 Solana 上按质押代币计数的前三大验证者之一。
通过这一合作，STSS 旨在在 Jupiter 和 Solana 生态系统中实现质押收益并扩大流动性，展示其对支持 Solana 网络验证与经济安全的承诺。
- Acquisition of over 2 million SOL tokens valued at approximately $400 million
- Partnership with Jupiter Exchange, which has $2 trillion in lifetime trading volume
- Potential revenue generation through staking yields
- Strategic alignment with one of Solana's top three largest validators
- High exposure to SOL token price volatility
- Regulatory uncertainty in the digital asset space
- Significant concentration of assets in a single cryptocurrency
Insights
Sharps' $400M Solana investment and Jupiter staking partnership represents a significant public company blockchain treasury strategy.
This partnership between Sharps Technology and Jupiter Exchange marks a notable corporate treasury adoption of cryptocurrency. STSS has acquired over 2 million SOL (valued at
What makes this particularly significant is that STSS is a NASDAQ-listed medical device company implementing a substantial digital asset treasury strategy, rather than a crypto-native business. By staking with Jupiter, one of Solana's top three validators by staked tokens, STSS gains exposure to staking yields while simultaneously strengthening Solana's network security and ecosystem.
The partnership demonstrates an institutional-grade approach to cryptocurrency treasury management. Staking through Jupiter's validator provides STSS with yield-generating capabilities while maintaining liquidity through Jupiter's JupSOL liquid staking token. This represents a more sophisticated treasury strategy than simply holding digital assets passively.
For the broader crypto ecosystem, this partnership signals increasing corporate comfort with not just holding digital assets but actively participating in network validation and DeFi mechanisms. Jupiter's
This move aligns with emerging treasury diversification trends among forward-thinking public companies, where digital assets are incorporated not just as speculative investments but as strategic components of treasury operations with yield-generating potential.
As part of this collaboration, STSS intends to directly stake a portion of its SOL into Jupiter's validator through native staking, marking a significant step in Solana's growth story, as Jupiter's Solana validator is one of the top three largest validators on Solana by staked tokens. STSS and Jupiter also intend to stake a portion of STSS assets to JupSOL, Jupiter's liquid staking token (LST) platform. This partnership emphasizes STSS's dedication to support the validation and economic security of the Solana network in alignment with major Solana ecosystem players.
The Company recently acquired over
"Jupiter is Solana's leading DeFi superapp. It provides a full suite of trading products (spot, perps, and mobile) and DeFi tools (token creation, yield generation, and portfolio review) to give both new and pro users a comprehensive experience. It has the most integrated set of APIs on Solana, making it both the leading DeFi product and the leading DeFi platform," said James Zhang, Strategic Advisor to STSS. "This partnership underscores our commitment to supporting the most ambitious builders in the Solana universe. By aligning with Jupiter, STSS will look to create new opportunities to enhance shareholder value, while simultaneously strengthening Solana's connection with public markets."
"We are excited to partner with STSS because of their management team's history of alignment with the Solana ecosystem, their ability to run Solana-native DeFi strategies, and the depth of the network the founders have within the Solana ecosystem," said Siong, co-founder of Jupiter. "We look forward to growing the Solana pie together with STSS, and believe STSS is well-positioned to increase awareness and excitement about the Jupiter product suite."
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company's execution of its Solana digital asset treasury strategy, the anticipated benefits of its partnership with Jupiter Exchange, and the potential opportunities such initiatives may create for retail and institutional audiences. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.
These risks and uncertainties include, among others: the Company's ability to successfully execute its Solana treasury strategy; volatility in the market price of SOL and other digital assets; changes in the regulatory or legal environment; competitive pressures; and general market, economic, and business conditions. Additional risks are described in the "Risk Factors" section of the Company's filings with the Securities and Exchange Commission (the "SEC"), which are available on the SEC's website at www.sec.gov.
Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.
About Sharps Technology
Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class, smart-safety syringe products to the healthcare industry. The Company's product lines focus on providing ultra-low waste capabilities that incorporate syringe technologies that use both passive and active safety features.
The Company has adopted a digital asset treasury strategy focused on accumulating SOL, the native digital asset of the Solana blockchain, leveraging capital markets raises to power on-chain yield generation with the Solana Ecosystem.
About Jupiter Exchange
Jupiter Exchange is one of the largest decentralized trading platforms, with over
Contact
Prosek Partners for Sharps Technology
Pro-SharpsTechnology@Prosek.com
Jupiter Exchange
partnerships@jup.ag
View original content to download multimedia:https://www.prnewswire.com/news-releases/sharps-technology-and-jupiter-exchange-announce-staking-partnership-to-accelerate-solana-adoption-302563898.html
SOURCE Sharps Technology Inc
FAQ
What is the value of Sharps Technology's (STSS) SOL holdings in 2025?
What is the partnership between STSS and Jupiter Exchange?
How much trading volume has Jupiter Exchange processed?
How will STSS generate revenue from its SOL holdings?
What risks does STSS face with its Solana treasury strategy?
