SMX Soars 31.03% on Plastic Circularity Partnership

On August 29, 2025, SMX surged by 31.03% in pre-market trading, reflecting significant investor interest and market momentum.

SMX is addressing the global plastics circularity challenge by introducing a revolutionary molecular marking technology. This technology aims to enhance the traceability and recycling of plastics, addressing a critical gap in the current system.

SMX has formed a strategic partnership with Singapore's A*STAR to develop a nationwide plastic circularity platform. This initiative combines SMX's molecular marking technology with A*STAR's digital and chemical detection capabilities, creating a comprehensive plastic tracking system. The project aims to trace over 5,000 tonnes of post-consumer plastics annually by Q2 2027, with a focus on reducing incineration and increasing the use of recycled materials.

The partnership introduces the Plastic Cycle Token (PCT), a digital asset backed by verified recycled plastic. This token is designed to replace traditional carbon credits and create a new market for certified recycled materials. The project is expected to generate significant economic value through reduced incineration fees and the sale of certified post-consumer resin, with an estimated regional market opportunity of S$4.2 billion.