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Sharps Technology and BONK Announce Staking Collaboration, Bridging Institutional Capital and Web3 Culture

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Sharps Technology (NASDAQ: STSS), a medical device company with a Solana digital asset treasury, has announced a strategic partnership with BONK, a leading community-driven platform in the Solana ecosystem. The collaboration involves STSS staking a portion of its 2 million+ SOL holdings (valued at over $400 million at $220/SOL) to BonkSOL, BONK's liquid staking token product.

BONK has established a significant presence in the Solana ecosystem with over 400 integrations across decentralized applications. Notable achievements include BONKBot's $14 billion lifetime trading volume and Bonk.fun's $28 million quarterly revenue. BonkSOL has attracted nearly 200,000 SOL in staking since its launch.

Sharps Technology (NASDAQ: STSS), una società di dispositivi medici con una tesoreria di asset digitali Solana, ha annunciato una partnership strategica con BONK, una piattaforma guidata dalla comunità nell'ecosistema Solana. La collaborazione prevede che STSS metta in staking una parte delle sue oltre 2 milioni di SOL (valutati in oltre 400 milioni di dollari a 220 USD per SOL) su BonkSOL, il prodotto di token di staking liquido di BONK.

BONK ha stabilito una presenza significativa nell'ecosistema Solana con oltre 400 integrazioni tra applicazioni decentralizzate. Tra i risultati notevoli figurano il volume di trading di BONKBot di 14 miliardi di dollari e i ricavi trimestrali di Bonk.fun di 28 milioni di dollari. BonkSOL ha attratto quasi 200.000 SOL in staking dal lancio.

Sharps Technology (NASDAQ: STSS), una empresa de dispositivos médicos con una tesorería de activos digitales Solana, ha anunciado una asociación estratégica con BONK, una plataforma líder impulsada por la comunidad en el ecosistema Solana. La colaboración implica que STSS haga staking de una parte de sus más de 2 millones de SOL (valorados en más de 400 millones de dólares a 220 USD por SOL) en BonkSOL, el producto de token de staking líquido de BONK.

BONK ha establecido una presencia significativa en el ecosistema Solana con más de 400 integraciones entre aplicaciones descentralizadas. Logros notables incluyen el volumen de trading de por vida de BONKBot de 14 mil millones de dólares y los ingresos trimestrales de Bonk.fun de 28 millones de dólares. BonkSOL ha atraído cerca de 200,000 SOL en staking desde su lanzamiento.

Sharps Technology (NASDAQ: STSS), 솔라나 디지털 자산 보유고를 가진 의료기기 회사로서 솔라나 생태계의 커뮤니티 주도형 플랫폼 BONK와 전략적 파트너십을 발표했습니다. 협력은 STSS가 200만 SOL 이상 보유분 중 일부를 BONK의 유동성 스테이킹 토큰인 BonkSOL에 스테이킹하는 것을 포함하며, 이는 SOL 220달러일 때 4억 달러 이상의 가치에 해당합니다.

BONK는 400건이 넘는 통합을 통해 솔라나 생태계에서 중요한 존재감을 확립했습니다. 주목할 만한 성과로는 BONKBot의 누적 거래량 140억 달러와 Bonk.fun의 분기 매출 2800만 달러가 있습니다. BonkSOL은 출시 이후 약 20만 SOL을 스테이킹했습니다.

Sharps Technology (NASDAQ: STSS), une société de dispositifs médicaux avec une trésorerie d'actifs numériques Solana, a annoncé un partenariat stratégique avec BONK, une plateforme leader pilotée par la communauté dans l'écosystème Solana. La collaboration prévoit que STSS mette en staking une partie de ses plus de 2 millions de SOL (d'une valeur de plus de 400 millions de dollars à 220 USD par SOL) sur BonkSOL, le produit de staking liquide de BONK.

BONK s'est imposé dans l'écosystème Solana avec plus de 400 intégrations parmi les applications décentralisées. Parmi les réalisations notables figurent le volume de trading à vie de BONKBot de 14 milliards de dollars et les revenus trimestriels de Bonk.fun de 28 millions de dollars. BonkSOL a attiré près de 200 000 SOL en staking depuis son lancement.

Sharps Technology (NASDAQ: STSS), ein Medizintechnikunternehmen mit einem Solana-Digitalvermögen, hat eine strategische Partnerschaft mit BONK, einer führenden Community-getriebenen Plattform im Solana-Ökosystem, angekündigt. Die Zusammenarbeit sieht vor, dass STSS einen Teil seiner über 2 Millionen SOL (bei 220 USD pro SOL mehr als 400 Millionen USD wert) in BonkSOL stake, dem liquiden Staking-Token-Produkt von BONK.

BONK hat eine bedeutende Präsenz im Solana-Ökosystem mit über 400 Integrationen in dezentralen Anwendungen aufgebaut. Zu den bemerkenswerten Errungenschaften gehören das Lebensvolumen des Handels von BONKBot mit 14 Milliarden USD und die Quartalsumsätze von Bonk.fun mit 28 Millionen USD. BonkSOL hat seit dem Start fast 200.000 SOL gestaked.

Sharps Technology (NASDAQ: STSS)، وهي شركة أجهزة طبية لديها خزينة أصول رقمية من Solana، أعلنت عن شراكة استراتيجية مع BONK، منصة رائدة تقودها المجتمع في نظام Solana البيئي. تشمل الشراكة قيام STSS بتثبيت جزء من ممتلكاته التي تزيد عن 2 مليون SOL (بقيمة تزيد عن 400 مليون دولار بسعر 220 دولاراً لـ SOL) على BonkSOL، منتج التوكن القابل للتثبيت السائل من BONK.

لقد رسّخت BONK حضوراً كبيراً في نظام Solana البيئي مع أكثر من 400 تكامل عبر التطبيقات اللامركزية. من الإنجازات البارزة: حجم التداول مدى الحياة لبونكبوت بقيمة 14 مليار دولار وإيرادات Bonk.fun الفصلية بقيمة 28 مليون دولار. كما جذبت BonkSOL ما يقرب من 200,000 SOL للتثبيت منذ الإطلاق.

Sharps Technology (NASDAQ: STSS),是一家拥有 Solana 数字资产金库的医疗设备公司,宣布与 BONK(Solana 生态系统中由社区驱动的平台)建立战略伙伴关系。此次合作包括 STSS 将其超过 200万 SOL 的部分持有量质押给 BONK 的流动质押代币 BonkSOL(以 SOL 价格 220 美元计算,价值超过 4 亿美元)。

BONK 在 Solana 生态系统中已确立显著影响力,拥有 400 多项去中心化应用的集成。值得关注的成就包括 BONKBot 的 历史交易量 140 亿美元,以及 Bonk.fun 的 季度收入 2800 万美元。自推出以来,BonkSOL 已吸引近 20 万 SOL 进行质押。

Positive
  • Significant SOL holdings valued at over $400 million, funded through PIPE transaction
  • Partnership enables potential additional returns through staking yields
  • Integration with BONK's established ecosystem (400+ integrations)
  • Access to BONK's successful products including BONKBot ($14B trading volume) and Bonk.fun ($28M quarterly revenue)
Negative
  • High exposure to SOL price volatility risks
  • Regulatory uncertainty in digital asset space
  • Deviation from traditional medical device business model into crypto assets

Insights

STSS partners with BONK to stake part of its $400M Solana treasury, signaling deeper Web3 integration while seeking yield generation for shareholders.

Sharps Technology's partnership with BONK represents a significant strategic treasury management decision for a publicly-traded medical device company that has ventured boldly into digital assets. The company plans to stake a portion of its impressive $400 million Solana treasury (over two million SOL tokens) into BonkSOL, BONK's liquid staking token product, which should enable STSS to generate staking yields while maintaining liquidity.

This move is particularly notable as it represents an institutional NASDAQ-listed company directly engaging with DeFi (Decentralized Finance) protocols rather than simply holding digital assets passively. STSS acquired its substantial SOL position through a PIPE transaction led by Cantor Fitzgerald, demonstrating significant institutional backing for this crypto-focused strategy.

BONK itself has shown remarkable ecosystem integration with over 400 dApp integrations and robust products including BONKBot ($14 billion in lifetime trading volume) and Bonk.fun ($28 million in quarterly revenue). Their BonkSOL staking product has already attracted nearly 200,000 SOL, indicating market validation.

For STSS shareholders, this partnership potentially offers enhanced returns through staking yields while simultaneously increasing the company's relevance and visibility within the Web3 ecosystem. However, investors should note the forward-looking statements section highlighting significant risks including SOL price volatility, regulatory uncertainty, and execution challenges that could impact this strategy's success.

NEW YORK, Sept. 16, 2025 /PRNewswire/ -- Sharps Technology ("Sharps Technology" or the "Company") (NASDAQ: STSS), a medical device company with a Solana digital asset treasury, and BONK, one of the premier community-driven platforms of the Solana ecosystem, today announced a strategic partnership to leverage BONK's liquid staking infrastructure as part of STSS's treasury strategy. 

As part of this initiative, STSS intends to stake a portion of its SOL to BonkSOL, BONK's liquid staking token (LST) product. This signals STSS's continued commitment to support and align with key Solana ecosystem players. 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 led by Cantor Fitzgerald & Co. By deploying capital into BonkSOL, STSS seeks to earn staking yields, while also deepening liquidity in the BONK and Solana ecosystem.

"BONK has become one of the cultural engines of Solana and has consistently driven innovation across the ecosystem," said James Zhang, Strategic Advisor to STSS. "We are proud that STSS continues to support the most productive and dynamic teams and communities within the Solana ecosystem. Partnering with BONK provides us with new avenues to potentially generate increased returns for our shareholders, while amplifying our presence across Web3 and beyond."

"Our original vision with BONK was to create a cultural icon on Solana and build products with the Solana power-user in mind, while maximizing distribution and value back to the Solana community," said Nom, Core Contributor of BONK. "STSS has built one of the most exciting Solana treasuries in the market, and is closely aligned with the Solana ecosystem, making this partnership to gain continued exposure in institutional markets a no-brainer in our growth story."

With over 400 integrations across decentralized applications and protocols, BONK has created several Solana-native products on its platform, driving significant activity within the Solana ecosystem. BONK's suite includes BONKBot, with over $14 billion in lifetime trading volume, and Bonk.fun, which has generated $28 million in revenue this quarter. Since launch, BonkSOL has attracted nearly 200,000 SOL in staking.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Company's execution of its Solana digital asset treasury strategy, the anticipated benefits of its partnership with BONK, and the potential opportunities such initiatives may create for retail and institutional audiences. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.

These risks and uncertainties include, among others: the Company's ability to successfully execute its Solana treasury strategy; volatility in the market price of SOL and other digital assets; changes in the regulatory or legal environment; competitive pressures; and general market, economic, and business conditions. Additional risks are described in the "Risk Factors" section of the Company's filings with the Securities and Exchange Commission (the "SEC"), which are available on the SEC's website at www.sec.gov.

Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.

About Sharps Technology

Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class, smart-safety syringe products to the healthcare industry. The Company's product lines focus on providing ultra-low waste capabilities that incorporate syringe technologies that use both passive and active safety features.

The Company has adopted a digital asset treasury strategy focused on accumulating SOL, the native digital asset of the Solana blockchain, leveraging capital markets raises that produce consistent on-chain yield generation. Sharps Technology, following the closing of the PIPE and adoption of its digital asset treasury strategy, will provide access to the Solana network, the fastest and most used blockchain in the world.

About BONK

BONK is the premier community-driven platform with a suite of Solana-native products. With deep integrations across the Solana ecosystem, BONK serves as the social and cultural layer of Web3. Its broad utility, cross-chain accessibility, and vibrant community have made it one of the most widely held and used tokens in decentralized finance.

Contact

Prosek Partners for Sharps Technology
Pro-SharpsTechnology@Prosek.com

Nom
Nom@bonkcoin.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sharps-technology-and-bonk-announce-staking-collaboration-bridging-institutional-capital-and-web3-culture-302557023.html

SOURCE Sharps Technology Inc

FAQ

What is the value of Sharps Technology's (STSS) Solana holdings in 2025?

Sharps Technology holds over 2 million SOL valued at more than $400 million, with SOL trading at over $220.

How will the STSS and BONK partnership work?

STSS will stake a portion of its SOL holdings to BonkSOL, BONK's liquid staking token product, to earn staking yields while supporting the Solana ecosystem.

What are BONK's key performance metrics in 2025?

BONK has over 400 integrations, BONKBot has achieved $14 billion in lifetime trading volume, and Bonk.fun generated $28 million in quarterly revenue.

How much SOL has BonkSOL attracted in staking?

BonkSOL has attracted nearly 200,000 SOL in staking since its launch.

Who led the PIPE transaction for STSS's SOL acquisition?

The private investment in public equity (PIPE) transaction was led by Cantor Fitzgerald & Co.
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