SMX Security Matters (NASDAQ:SMX) saw its stock jump 23.5% after the company announced it will make its Global Plastics Passport technology available for free licensing to support the UN Plastics Treaty.
The molecular marking technology firm positions its platform as a complete solution to the global challenge of plastic circularity, aiming to go beyond what it calls “ineffective pilot programs and frameworks.” SMX’s system embeds invisible molecular markers into various plastic materials, linking them to digital records that allow tracking, verification, and monetization across all polymer types.
Several countries in Singapore and the ASEAN region have already implemented SMX’s Global Plastics Passport technology, integrating it into operational and economic strategies for plastics circularity. This adoption demonstrates practical, real-world use beyond theoretical frameworks.
The company notes that its solution covers a wider range of plastics than many existing initiatives, which often focus mainly on packaging materials like PET and rPET. SMX’s technology is capable of tracking polymers used in food-grade applications, construction resins, automotive plastics, electronics, and textiles.
A central feature of SMX’s platform is the Plastic Cycle Token (PCT), which converts verified plastics into tradable digital assets, potentially transforming compliance costs into economic value. This mechanism is designed to create financial incentives throughout the plastics value chain.
The announcement comes amid stalled UN Plastics Treaty negotiations, which have faced repeated delays due to disputes over production caps, recycling targets, and regulatory approaches. SMX suggests that its technology could help bridge these gaps by providing verifiable data on plastic usage and recycling across industries.
SMX Security Matters stock price
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