Summary
- Sharps Technology said it has entered a strategic partnership with Fuzzy Penguins to strengthen financial strategy for Solana (SOL).
- Sharps Technology said that through this partnership, Fuzzy Penguins' IP and institutional-grade Solana assets will be integrated.
- Sharps Technology had announced earlier this month the purchase of about $400 million worth of Solana, and said it expects institutional adoption of Fuzzy Penguins to accelerate.
U.S. Nasdaq-listed Sharps Technology (Sharps Technology) is strengthening cooperation with Solana (SOL)-based non-fungible token (NFT) project Fuzzy Penguins.
Sharps Technology said on the 10th (local time) that it had signed a strategic partnership with Fuzzy Penguins to strengthen Solana financial strategy. Sharps Technology said, "Through this partnership, Fuzzy Penguins' intellectual property (IP) and Sharps Technology's institutional-grade Solana assets will be integrated."
Earlier, Sharps Technology declared a Solana stockpile last month. Sharps Technology had announced earlier this month that it purchased $400 million (about 560 billion won) worth of Solana.
Fuzzy Penguins expects that this partnership will accelerate institutional adoption of Fuzzy Penguins. Luca Netz, Fuzzy Penguins' chief executive officer (CEO), said, "Collaborating with a forward-looking company like Sharps Technology that understands the value of culture helps accelerate Fuzzy Penguins' institutional adoption."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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