SMX and REDWAVE to Revolutionize Recycling into a Profitable Asset Class

SMX (NASDAQ: SMX) has announced a strategic partnership with REDWAVE to transform plastic waste management into a new global marketplace. This collaboration aims to trade, certify, and monetize plastic waste, turning it from a traditional cost center into a profit center. By integrating sub-molecular markers in materials, SMX creates a blockchain-based digital passport that tracks products from production through recycling.

REDWAVE, known for its industrial sorting capabilities, will scale up the vision by incorporating SMX’s traceability. This integration transforms recycled plastic into verified commodities, paving the way for a new asset class. The Plastic Cycle Token (PCT), associated with certified recycled batches, will allow these commodities to be traded in financial markets.

The joint initiative sets the stage for establishing global standards in recycling, aiming for widespread regulatory and market adoption, beginning with Singapore and potentially expanding into Europe.