SMX Secures $111.5 Million Equity Agreement Amid Global Demand for Verification

In a world increasingly demanding verification, SMX (Security Matters) announced a $111.5 million equity purchase agreement with Target Capital 1, LLC. The deal includes a $11.5 million convertible note and a $100 million discretionary equity line. This funding arrives as industries worldwide seek robust verification systems amid geopolitical pressures and heightened compliance standards.

SMX's technology integrates molecular marking, assigning permanent identities to materials, ensuring tamper-resistant tracking across supply chains. The agreement facilitates the transition to a Proof Economy, with global efforts in recycling, gold verification, and supply chain integrity seeing accelerated attention.

This financial backing allows SMX to expand geographically and sectorially without operational constraints. It reflects a shift towards comprehensive, global verification infrastructure, responding to market demands for trust and authenticity in material sourcing and recycling.