Sharps Technology, Inc. ("STSS" or the "Company") and Coinbase Global, Inc ("Coinbase"), one of the world's largest digital asset services platforms, announced a strategic collaboration whereby STSS will expand its previously announced Solana digital asset treasury strategy with Coinbase. STSS has acquired over 2 million SOL to-date, which are currently valued at over $400 million with SOL trading at over $210.

"Coinbase is an ideal platform for STSS as it seeks to leverage its digital asset treasury strategy to help advance decentralized finance," said James Zhang, Strategic Advisor to STSS. "By utilizing Coinbase's suite of products, STSS can enjoy the institutional-grade infrastructure, deep liquidity, and competitive pricing required to effectively manage a leading Solana treasury."

The Company intends to utilize Coinbase Prime's custody infrastructure and OTC desk products as part of this collaboration. The partnership emphasizes STSS's support for the global adoption of digital assets and commitment to working with secure and regulated digital asset service providers.