Sharps Technology Inc. announced on Thursday that it is expanding its Solana digital asset treasury strategy through a partnership with Coinbase Global.
The collaboration will enable Sharps Technology to use Coinbase Prime for custody, liquidity, and over-the-counter (OTC) trading as it manages more than 2 million SOL — currently valued at roughly $400 million with SOL trading above $210.
According to strategic advisor James Zhang, the partnership gives Sharps Technology institutional-grade infrastructure and deep liquidity to support its growing treasury initiative. The company, traditionally focused on medical device sales and distribution, has adopted an unusual digital asset strategy aimed at leveraging blockchain-based yield generation within the Solana ecosystem.
The decision aligns Sharps Technology with a broader trend of public firms incorporating digital assets into balance sheet strategies, echoing earlier…
