Sharps Technology Secures $400M for Solana-Focused Treasury

Sharps Technology has announced a significant investment strategy, raising over $400 million to establish a dedicated Solana-focused treasury. This move marks a pivotal shift for the company, transitioning from its previous focus on medical solutions to blockchain investments. Alice Zhang, former co-founder of Jambo, has been appointed as Chief Investment Officer (CIO) to oversee this new initiative. This investment reflects strong institutional support for Solana, potentially influencing market dynamics and liquidity.