Sharps Technology (NASDAQ: STSS), a medical device company that holds a Solana-based digital asset treasury, announced a partnership with BONK, a community-driven Solana Web3 platform. The collaboration will use BONK’s liquid staking infrastructure as part of Sharps Technology’s treasury management strategy. Under the plan, Sharps Technology will allocate part of its SOL holdings into BonkSOL, BONK’s liquid staking token. The company recently purchased more than two million SOL, valued at over $400 million, through a private investment in public equity (PIPE) deal led by Cantor Fitzgerald & Co. By staking into BonkSOL, Sharps Technology aims to generate yields while also supporting liquidity growth within the Solana and BONK ecosystem. BONK has developed multiple Solana-native products and has more than 400 integrations across decentralized applications and protocols. Its offerings include BONKBot, which has processed $14 billion in lifetime trading volume, and Bonk.fun, a platform that recorded $28 million in revenue this quarter. Since its launch, BonkSOL has attracted close to 200,000 SOL in staking. Image: Freepik