NEW YORK, Sept. 29, 2025 /PRNewswire/ -- Crypto.com and Sharps Technology, Inc. (the "Company" or "STSS") (Nasdaq: "STSS" and "STSSW") today 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.
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."
Clients interested in Crypto.com custody solutions can submit contact requests at crypto.com/custody.
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 Crypto.com, 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 Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem. Learn more at https://crypto.com.
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. For additional information, please visit www.sharpstechnology.com.
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.
Media Contact
Prosek Partners for Sharps Technology
Pro-SharpsTechnology@Prosek.com
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SOURCE Sharps Technology Inc
