Sharps Technology (NASDAQ: STSS), a publicly listed company focused on Solana digital assets, announced on September 10th a strategic partnership with leading Web 3 brand Pudgy Penguins. The two parties will jointly expand their influence and coverage in the Solana digital asset ecosystem.

Pudgy Penguins, an iconic brand in the Web 3 space and known as the "Mickey Mouse of the Internet," has accumulated over 220 billion views. The brand is not only highly regarded within the digital asset community, but has also established deep partnerships with major traditional companies such as NASCAR and Walmart, demonstrating its strong cross-sector influence. Canary's recent application for the PENGU ETF further demonstrates Pudgy Penguins' recognition within traditional financial institutions.

This partnership marks a significant advancement in STSS's differentiated digital asset library strategy. The company recently secured over 2 million SOL tokens, valued at over $400 million, through a PIPE transaction led by Cantor Fitzgerald, laying a solid foundation for its presence in the Solana ecosystem. This strategic partnership will leverage Pudgy Penguins' high-quality intellectual property resources with STSS' institutional-grade Solana asset management capabilities, providing both retail and institutional investors with more diverse ways to participate in digital assets.

"We are thrilled to be collaborating with STSS," said Luca Netz, CEO of Pudgy Penguins. "STSS has built one of the most institutionally recognized Solana asset libraries in the market, which aligns perfectly with our vision of driving Web 3 mainstream adoption." James Zhang, Strategic Advisor to STSS, commented on the partnership: "Pudgy Penguins is one of the most influential brands in Web 3, with a massive global user base. Through this collaboration, we will create new opportunities for a wider audience to participate in the digital asset space while driving growth for the entire Solana ecosystem."

About Sharps Technology:

Sharps Technology, an innovative medical device and pharmaceutical packaging company that provides patented smart safety syringes to the healthcare industry, has adopted a digital asset library strategy focused on the SOL token, providing investors with access to the Solana network through a PIPE transaction.

About Pudgy Penguins:

Pudgy Penguins is committed to making Web 3 accessible to everyone through innovative products. With a focus on community empowerment and brand building, it has become a leading IP in the Web 3 space, while disrupting the traditional IP landscape.