SMX Plunges 9.02% Despite Revolutionary Waste Tech

On September 4, 2025, SMX experienced a significant drop of 9.02% in pre-market trading, reflecting a notable shift in investor sentiment towards the company.

SMX has recently introduced a groundbreaking technology that revolutionizes plastic waste management. The company's platform tracks all categories of plastics, transforming waste into a new asset class. The Plastic Cycle Token (PCT) serves as a financial instrument that verifies and audits recycled plastic, making it tradable and accessible to companies and investors. This innovation has the potential to generate substantial revenue by redirecting plastic waste into a verified loop, with the possibility of avoiding over S$100 million annually in incineration costs and creating new value from recycled resin.

Despite the recent decline in share price, SMX's strategic initiatives in plastic circularity and waste management continue to position the company as a leader in sustainable technology. The company's focus on turning waste into a valuable asset class aligns with growing global demands for environmental sustainability and circular economy solutions.