SMX Soars 41.38% on Plastic Circularity Partnership

On August 29, 2025, SMX rose 41.38% in pre-market trading, marking a significant milestone in its market performance.

SMX's recent partnership with Singapore’s A*STAR to develop a plastic circularity platform has been a key driver of its stock price surge. This collaboration leverages SMX’s molecular marking technology and A*STAR’s detection capabilities to trace over 5,000 tonnes of post-consumer plastics annually by the second quarter of 2027. The initiative aims to reduce incineration and promote the use of recycled materials through verified post-consumer resin sales and fee savings.

The introduction of the Plastic Cycle Token (PCT), backed by verified recycled plastic, is set to replace carbon credits and unlock a S$4.2 billion regional market opportunity. This innovative approach not only addresses environmental concerns but also presents a lucrative financial prospect for SMX, further bolstering investor confidence in the company's future growth potential.