Jakarta, Pintu News – Sharps Technology, Inc. (STSS) recently announced the expansion of their digital asset strategy by collaborating with Crypto.com. This step is taken to manage their large investment in Solana (SOL), which is currently valued at over $400 million. The partnership is expected to strengthen STSS’ position in the digital finance ecosystem and support the growth of the Solana network.
Sharps Technology has announced a strategic partnership with Crypto.com to manage their substantial Solana (SOL) portfolio. With a value of over $400 million in Solana and a price per SOL above $200, STSS is demonstrating its commitment in integrating traditional finance with the Solana ecosystem.
The cooperation includes secure custodian services and over-the-counter trading that will be implemented through the Crypto.com platform. This partnership is not only about asset management, but also about supporting Solana-based projects.
STSS plans to increase liquidity in the Solana network by investing in projects that support the growth of this ecosystem. This demonstrates STSS’s long-term vision of supporting an efficient and open financial system.
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Eric Anziani, President and COO of Crypto.com, stated that STSS has ambitious plans for their digital asset management. According to him, this partnership will help STSS manage their digital assets securely and effectively.
Crypto.com, which has over 150 million users, provides institutional-grade tools that allow STSS to manage one of Solana’s largest portfolios with responsibility.
James Zhang, Strategic Advisor to STSS, added that the cooperation with Crypto.com will provide access to the institutional tools and liquidity needed to manage Solana’s large portfolio. It will also directly contribute to the growth of the Solana ecosystem, supporting projects that have the potential to change the global digital finance map.
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Earlier this month, Sharps Technology also announced a partnership with Pudgy Penguins, a leading brand in Web3. This collaboration aims to integrate Pudgy Penguins’ intellectual property with the Solana STSS portfolio. This move is expected to bring further innovation and attract more users into the Solana ecosystem.
This partnership demonstrates STSS’ commitment to not only manage digital assets but also to innovate in the way they support and develop blockchain technology. By joining forces with a familiar brand, STSS hopes to increase Solana’s visibility and adoption even further.
With this strategic move, Sharps Technology not only strengthens their position in the digital finance market but also demonstrates their commitment in supporting and developing the Solana ecosystem. Through the partnership with Crypto.com and collaboration with Pudgy Penguins, STSS is at the forefront of blockchain innovation, poised to bring significant changes in the digital finance industry.
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