SMX surged 167.64% in after-hours trading following multiple strategic developments enhancing its verification technology and market positioning. The stock’s rally was driven by a $111.5M equity purchase agreement, bolstering investor confidence in its global expansion and financial stability. Additionally, SMX’s molecular verification technology, showcased at the DMCC Precious Metals Conference, addressed critical supply chain and ESG compliance gaps, offering verifiable authenticity across materials. The company’s Plastic Cycle Token (PCT) further solidified its leadership by embedding traceable digital identities into physical goods, enabling markets to price certainty over unverified claims. These advancements, coupled with partnerships emphasizing sustainability and traceability, positioned SMX as a transformative force in the verification economy, directly aligning with the stock’s dramatic post-market increase.
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