Overview
- Coinbase Institutional will run the validator’s operations, taking responsibility for uptime, security, and day-to-day performance.
- Sharps will delegate a portion of its SOL treasury to the new node, which the company identified as the STSS Validator.
- The step builds on an existing relationship in which Coinbase already provides Sharps with custody and trading support.
- Coinbase is among Solana’s largest stakers, with validators contributing nearly 10% of total staked SOL across multiple regions as of December, according to CoinCentral.
- Sharps joins a small set of U.S.-listed firms moving into validator operations, with varied market approaches illustrated by Solmate’s 2025 bare‑metal Solana validator in the UAE.