Crypto.com and Sharps Technology, Inc. announced that STSS has expanded its digital asset treasury strategy with Crypto.com services for its holdings.
STSS is an emerging leader in digital asset treasury management, with a bold vision to align traditional finance with the Solana ecosystem. The Company has previously announced plans to establish a Solana-focused digital asset treasury strategy and, to date has acquired more than 2 million SOL.
As part of this collaboration, STSS intends to use Crypto.com’s platform, including its institutional-grade custody infrastructure and OTC desk, which offers deep liquidity, competitive pricing, and discreet execution, to manage its digital asset treasury. Crypto.com will also integrate several Solana projects, representing a significant step in expanding access to the Solana ecosystem through qualified custodians. This partnership underscores STSS’s commitment to advancing the growth of the Solana network in close alignment with key Solana ecosystem players.
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The Company’s Solana holdings are currently valued at over $400 million, with SOL trading above $200. By deploying a portion of this capital through Crypto.com into Solana-native projects, STSS aims to generate yield while simultaneously expanding liquidity across the Solana ecosystem.
“STSS has an ambitious vision for its digital asset treasury strategy, and we are excited to partner with them to help realize that vision,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “Crypto.com is uniquely built to offer the comprehensive capabilities required by institutions to safely and effectively manage digital asset treasuries.”
“At STSS, we view our digital asset treasury not only as a balance sheet strategy, but as a commitment to advancing the future of open, efficient financial infrastructure,” said James Zhang, Strategic Advisor to STSS. “Partnering with Crypto.com, a platform with over 150 million users, provides us with the institutional-grade tools and liquidity access to responsibly manage one of the largest Solana treasuries, while also directly contributing to the growth of the Solana ecosystem. This collaboration marks a pivotal step in aligning our long-term corporate strategy with innovation at the forefront of digital finance.”
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