SMX Secures $111.5 Million to Fuel Proof Economy Expansion

Supply chains face unprecedented challenges, demanding proof of compliance, traceability, and authenticity. In response, industries worldwide are shifting towards systems based on molecular identity. SMX's $111.5 million equity purchase agreement positions it as a key player in this transformation.

The agreement, featuring a $11.5 million promissory note and up to $100 million in discretionary equity, gives SMX control over capital deployment. This flexibility enables SMX to match investment with momentum in global markets. As partnerships evolve into platforms, SMX is prepared to support systems verifying gold, minerals, plastics, and recycled materials.

SMX's capital infusion aligns with the new Proof Economy, emphasizing verification over declarations. This strategic funding ensures SMX can meet rising global demand without losing focus, marking a pivotal step in its expansion.