Sharps Technology Makes Major Investment in Solana Through New DeFi Collaboration
Strategic Partnership: Sharps Technology, Inc. has formed a strategic partnership with Jupiter Exchange to integrate its staking infrastructure into Sharps' treasury operations, enhancing its involvement in blockchain finance and Solana's network security.
Investment and Returns: Sharps plans to allocate part of its recently acquired Solana holdings into Jupiter’s validator and JupSOL, aiming to generate yields and improve liquidity in the decentralized finance market on Solana.
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Biotech Surge Post-Market: Inspira, MediciNova, and DiaMedica Therapeutics Among Top Performers
Biotech Stocks Performance: Several small-cap biotech and healthcare companies saw notable gains in after-hours trading, driven by recent corporate updates and clinical milestones.
Inspira Technologies Update: Inspira Technologies Oxy B.H.N. Ltd. rose 5.88% following a recent agreement for a registered direct offering and a Standby Equity Purchase Agreement, despite no new news on the day.
MediciNova's Clinical Trial Success: MediciNova, Inc. advanced 4.83% after successfully completing patient enrollment in its Phase 2 OXTOX study, which evaluates MN-166 for preventing chemotherapy-induced peripheral neuropathy.
DiaMedica's FDA Meeting: DiaMedica Therapeutics Inc. gained 2.89% after a productive pre-IND meeting with the FDA regarding its study of DM199 in preeclampsia, with an additional non-clinical study requested.
Sharps Technology to Enhance Solana Treasury Approach in Partnership with Coinbase
Collaboration with Coinbase: Sharps Technology is expanding its Solana digital asset treasury strategy through a strategic partnership with Coinbase Global, utilizing Coinbase Prime's custody and OTC desk services.
Acquisition of SOL: The company has acquired over 2 million SOL, valued at over $400 million, with the cryptocurrency currently trading above $210.
