Sharps Technology Completes Over $400 Million Private Placement, Plans to Establish SOL Treasury

According to Jinse Finance, Sharps Technology has announced the completion of a PIPE private placement exceeding $400 million, with plans to establish the world’s largest Solana (SOL) digital asset vault. Investors include ParaFi, Pantera, Monarq, and others. The company has also signed a letter of intent with the Solana Foundation to purchase $50 million worth of SOL at a 15% discount to the 30-day average price.