TLDR
SMX shares jumped 23.21% to $6.07 after unveiling a plastics passport platform.
SMX’s four-layer system links plastic materials, digital records and trade.
Molecular marking technology aims to track plastic across recycling and reuse.
SMX plans circularity credits backed by verified plastic recycling outcomes.
SMX offers global companies free trials to test plastic marking and verification.
SMX (Security Matters) shares surged 23.21% to $6.07, gaining $1.14 as the company introduced its four-layer plastics platform. The stock recovered from intraday lows near $4.40 as buying momentum strengthened during the session. Meanwhile, the new platform connects plastic identification, digital records, material trading, and recycling credits through one system.
SMX (Security Matters) Public Limited Company, SMX
SMX Introduces Four-Layer Digital Passport Platform for Plastics
SMX unveiled the plastics application of its Digital Material Passport Platform, expanding its existing material tracking technology. The system combines four connected components covering physical materials, digital passports, trading markets, and circularity credits. Through this structure, the company aims to improve how businesses identify, verify, and manage recycled plastic.
The first component uses molecular marking technology to assign plastic materials a persistent physical identity. This identification follows materials through manufacturing, collection, processing, recycling, and subsequent reuse. Consequently, businesses can track plastic across multiple production cycles without relying entirely on conventional documentation.
The second component connects identified materials with digital passports containing verified information about their history. These records can include material origin, composition, recycled content, manufacturing details, and recycling activities. Additionally, the platform links physical identification with digital evidence to support supply-chain transparency and sustainability reporting.
SMX Targets Recycled Plastic Trading and Circularity Credits
The third component focuses on developing trading infrastructure for recycled plastics with verified material characteristics. SMX plans to support transactions using authenticated information about composition, origin, recycled content, and lifecycle history. This approach could help buyers assess recycled materials through documented evidence rather than supplier claims alone.
Meanwhile, the fourth component connects verified recycling activities with potential Plastic Circularity Credits. These credits would represent qualifying recycling or reuse outcomes supported by material identification and verification records. SMX intends to develop this infrastructure under applicable financial, regulatory, and exchange requirements.
The initiative also supports the company’s broader strategy for connecting physical commodities with digital assets. Under this model, recycled plastic could generate value through material transactions and verified circularity outcomes. Commercial deployment and credit trading will depend on further development and relevant regulatory requirements.
SMX Expands Plastics Strategy With Global Trial Program
The announcement builds on SMX’s existing digital passport infrastructure and its recycled plastic economic strategy. Previously, the company outlined scenarios where recycled plastic could cost approximately $1,430 per ton. Those projections compared virgin plastic prices near $1,840, suggesting a potential recycled material cost advantage of 20% to 25%.
SMX announced a global client experience program to demonstrate the platform’s four-layer structure. Participating companies can explore molecular marking, digital passport creation, authentication, and potential circularity credit generation. The company will also provide free trials using participants’ plastic materials for marking and certification.
The program targets plastic producers, packaging manufacturers, consumer brands, retailers, recyclers, and waste management companies. Through these trials, SMX aims to demonstrate its technology across different stages of the plastics supply chain. The latest announcement extends the company’s material verification strategy as SMX stock records strong daily gains.
The post SMX (SMX) Stock: Surges 23% as Company Unveils Four-Layer Plastic Digital Passport Platform appeared first on Blockonomi .
