Sharps Technology partners with Coinbase to launch an institutional-grade Solana validator
The post Sharps Technology partners with Coinbase to launch an institutional-grade Solana validator appeared on BitcoinEthereumNews.com.
Sharps Technology has partnered with Coinbase to roll out a Solana validator. Coinbase will operate the validator while Sharps Technology will dedicate a portion of its Solana holdings to the validator. Sharps Technology, a public company that manufactures medical devices, has partnered with Coinbase Institutional, a custody provider and crypto exchange platform, to expand its presence in the Solana ecosystem. The duo plans to develop an institutional-sized Solana validator (the STSS Validator) as part of Sharps Technology’s long-term game plan to increase its exposure in digital currencies. Coinbase to honor the agreement by operating the validator As part of the agreement, Coinbase will operate the validator through Coinbase Institutional’s infrastructure stack. Coinbase will also be responsible for the security, uptime, and day-to-day performance of the validator. On the other hand, Sharps Technology pledged to delegate a portion of its Solana holdings to the new validator. Data from CoinGecko shows that the company has about 2 million Solana in its books, worth $281.663 million. According to the data, the company ranks 5th among publicly listed companies with the largest Solana treasury holdings. Sharps Technology’s move to jointly establish the validator marks the company’s growth from a Solana Treasury participant to a direct contributor to the operations, decentralization, and security of the Solana blockchain. Source: Google Finance: Sharps Technology Inc According to data from Google Finance, Sharps Technology is up 4.50% today and currently trades at a little under $2. However, the stock has declined by 66% over the last six months. Sharps Technology already has a pre-existing relationship with Coinbase Institutional, which provides the medical company with custody and trading support. The company has also evolved its contribution in the sector from a treasury company firm to a direct contributor to Solana’s infrastructure. A recent publication by Cryptopolitan, dated October 2025,…
Filed under: News - @ January 13, 2026 3:22 am