NEW YORK, Sept. 23, 2025 /PRNewswire/ -- Sharps Technology (NASDAQ: STSS), a medical device company with a Solana digital asset treasury strategy, and Jupiter Exchange, one of Solana's leading decentralized finance (DeFi) superapps, today announced a strategic partnership to utilize Jupiter's staking infrastructure as part of STSS's treasury strategy.
As part of this collaboration, STSS intends to directly stake a portion of its SOL into Jupiter’s validator through native staking, marking a significant step in Solana’s growth story, as Jupiter’s Solana validator is one of the top three largest validators on Solana by staked tokens. STSS and Jupiter also intend to stake a portion of STSS assets to JupSOL, Jupiter’s liquid staking token (LST) platform.
The Company recently acquired over two million SOL, currently valued at more than $400 million with SOL trading at over $220, funded through a private investment in public equity (PIPE) transaction. By injecting capital into Jupiter’s validator and JupSOL, respectively, STSS intends to earn staking yields, while also expanding liquidity in the Jupiter and Solana ecosystems.
“Jupiter is Solana’s leading DeFi superapp. It provides a full suite of trading products (spot, perps, and mobile) and DeFi tools (token creation, yield generation, and portfolio review) to give both new and pro users a comprehensive experience. This partnership underscores our commitment to supporting the most ambitious builders in the Solana universe.”
“We are excited to partner with STSS because of their management team’s history of alignment with the Solana ecosystem, their ability to run Solana-native DeFi strategies, and the depth of the network the founders have within the Solana ecosystem. We look forward to growing the Solana pie together with STSS.”
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