Sharps Technology Partners with BONK to Stake $450M Solana Treasury

BONK and Sharps Technology are collaborating to maximise BONK’s liquid staking capabilities. Sharps will invest a portion of its $450 million Solana treasury into BONK’s liquid staking token, BonkSOL, as part of the agreement. As a result, Sharps can profit from staking without having to lock up all of their money, freeing them up for other chances. The action underscores how liquid staking can assist large investors optimise returns and underscores the increased interest from institutions in Solana staking. The alliance, which combines BONK’s technology with Sharps’ substantial treasury, may open the door for additional businesses to investigate cutting-edge staking options in the cryptocurrency market.