Sharps Technology, Inc. (Nasdaq: STSS), a company for medical aids with a Solana-based digital asset strategy, has announced a partnership with Jupiter Exchange, one of the largest decentralized financial platforms in the Solana ecosystem. The agreement will enable Sharps Technology to use Jupiter’s deployment infrastructure as part of his Treasury management.
As part of the partnership, Sharps Technology is planning to allocate part of his Solana Holdings directly to the Validator of Jupiter through Native Determination. The Validator of Jupiter is one of the three largest on the network of Tokens Stusted. Moreover, the company is planning to use part of its assets in Jupsol, the liquid token platform from Jupiter.
The move comes after Sharps Technology has acquired more than two million SOL through a private investment in a public share transaction. At the current market prices above $ 220 per SOL, the companies are appreciated at more than $ 400 million. By using assets in Jupiter’s Validator and Jupsol, Sharps Technology aims to earn rewards and contribute to liquidity and safety in the Solana Ecosystem.
Image: Freepik
