Sharps Technology Makes Major Investment in Solana Through New Partnership with Coinbase
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Strategic Collaboration: Sharps Technology Inc. has partnered with Coinbase Global Inc. to enhance its digital asset treasury strategy, focusing on acquiring Solana (SOL) and utilizing Coinbase's custody infrastructure and OTC desk products.
Investment in Solana: The company has acquired over 2 million SOL, valued at over $400 million, and aims to leverage this investment to support decentralized finance and generate on-chain yield through the Solana ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
