Solana treasury management company Sharps Technology (hereinafter referred to as “Sharps Technology” or the “Company”) (NASDAQ: STSS) today announced a strategic partnership with the globally renowned Web3 brand Pudgy Penguins to jointly enhance the visibility and connectivity of Solana digital asset treasury solutions.

Pudgy Penguins has become one of the most iconic and innovative brands in the crypto space, dubbed the “Mickey Mouse of the Internet” and the “$DOGE of Asia.” The brand’s content has accumulated over 220 billion views and has established collaborations with renowned companies such as NASCAR, Walmart, and Rakuten, continuously integrating blockchain innovation with mainstream culture. As institutional recognition grows, the recent PENGU ETF filing by Canary further highlights this trend.

This partnership marks another milestone in STSS’s differentiated digital asset treasury strategy. The Company recently acquired over 2 million SOL, valued at more than $400 million, through a PIPE (Private Investment in Public Equity) transaction led by Cantor Fitzgerald & Co.

“We are thrilled to partner with STSS, which has built one of the most institutionally recognized Solana treasuries in the market,” said Luca Netz, CEO of Pudgy Penguins. “Attention is the core thesis of Pudgy Penguins, and collaborating with forward-thinking companies like STSS that understand cultural value will accelerate Pudgy Penguins’ institutional adoption.”

Through this collaboration, Pudgy Penguins’ top-tier IP will be integrated with STSS’s institutional-grade Solana treasury, creating new interactive opportunities for retail and institutional users.

“Pudgy Penguins is one of the most widely recognized brands in Web3 and a cultural phenomenon engaging millions of users worldwide,” said James Zhang, Strategic Advisor of STSS. “Our partnership will create new and exciting ways for a broader audience to engage with the digital asset space.”

About Sharps Technology

Sharps Technology is an innovative medical device and pharmaceutical packaging company providing patented, top-tier smart safety syringe products to the healthcare industry. The Company’s product line focuses on ultra-low drug waste and integrates syringe technology with passive and active safety features.

The Company has adopted a digital asset treasury strategy centered on accumulating SOL, the native asset of the Solana blockchain, and generating sustainable on-chain yields through capital market financing. Upon completing the PIPE financing and fully implementing its digital asset treasury strategy, Sharps Technology will offer access to the Solana network—the world’s fastest and most widely adopted blockchain.

About Pudgy Penguins

Pudgy Penguins is committed to making Web3 accessible to everyone through innovative products that enable seamless user onboarding. With a focus on community empowerment and brand influence, Pudgy Penguins has become a leading IP in the Web3 space while challenging traditional IP systems. They are dedicated to impacting everyday consumers and shaping the future of IP, Web3, and beyond. For more information, visit pudgypenguins.com.