Crypto.com to Manage $400M Solana Treasury for Sharps Technology
The post Crypto.com to Manage $400M Solana Treasury for Sharps Technology appeared on BitcoinEthereumNews.com.
Crypto.com partners with Sharps Technology to manage $400M Solana treasury, boosting institutional adoption, liquidity, security, and blockchain ecosystem growth. Sharps Technology Inc. (STSS) has entered into a strategic partnership with Crypto.com to manage its Solana treasury worth more than $400 million. It currently holds over 2 million SOL tokens, with the asset worth exceeding $200. Validated by a collaboration that aims to maximize treasury yields, increase SOL-based liquidity and drive blockchain institutional adoption. Crypto.com Secures Treasury Management According to press releases, STSS will be using Crypto.com’s institutional-grade custody solution and over-the-counter (OTC) desk for its Solana holdings. These services include secure asset storage, discrete trade execution, and direct access to liquidity. By investing in Solana projects, STSS aims to generate yield and provide liquidity to the blockchain network. The partnership underscores the increasing trend of incorporating formal treasury management for digital assets by corporate entities. Crypto.com provides established infrastructure as well as risk-managed custodianship and execution tools, both institutional-grade. Sharps Technology regards this as an opportunity to more effectively integrate its treasury into the Solana ecosystem and advance decentralised finance opportunities. Related Reading: Crypto.com Launches On-Chain Staking on Web Platform | Live Bitcoin News STSS executives consider this a financial and strategic collaboration. By allocating a portion of its $400 million Solana treasury to ecosystem development, the company aims to empower builders, liquidity providers, and novel decentralized applications (dApps). The platform of Crypto.com will serve as the operational base of STSS, which allows safe participation in major plans of the Solana blockchain. Solana Treasury Push Signals Rising Institutional Appetite Eric Anziani, President and Chief Operating Officer of Crypto.com, said that STSS has an ambitious vision for its treasury strategy. He noted that Crypto.com’s infrastructure is designed to address the needs of institutions, providing the scale, compliance, and security necessary for…
Filed under: News - @ September 30, 2025 4:18 am