SMX Published a Year of Unparalleled Achievements and Record-Breaking Momentum

Rhea-AI Summary

SMX (NASDAQ:SMX) marked a transformative 2024 with record-breaking trading volumes on Nasdaq, reaching 826.6M shares on December 4 and 448.6M shares on December 6. The company successfully raised $14M throughout 2024, including a recent $1M capital injection on December 30.

The company established strategic partnerships with Brinks, YBRÁ Capital, Fingo, Tradepro, and luxury brands, while also engaging with a major chip manufacturer to integrate its marking technology into NFC and RFID chips. SMX's blockchain-inclusive molecular embedding technology focuses on material authentication throughout supply chains, supporting sustainability and circular economy initiatives.

Looking ahead to 2025, SMX plans to leverage its Plastic Cycle Token (PCT), positioned as an alternative to traditional carbon credits, aiming to create a transparent trading market for sustainability incentives.

Positive

• Record-breaking trading volumes on Nasdaq (826.6M and 448.6M shares)
• Successful capital raise of $14M in 2024
• Strategic partnerships with major companies including Brinks
• Technology integration with major chip manufacturer for NFC/RFID components

Negative

• None.

Insights

Financial Analyst

The recent developments at SMX present a mixed financial picture. While the $1 million capital raise and total yearly investments of $14 million demonstrate investor interest, these amounts are relatively modest for a NASDAQ-listed company with ambitious technological goals. The record-breaking trading volumes (826.6M and 448.6M shares) indicate extreme market volatility rather than necessarily positive sentiment, especially considering SMX's micro-cap status of just $4 million.

The partnerships with Brinks and luxury brands, while promising, lack specific financial metrics or revenue projections. The Plastic Cycle Token initiative, though innovative, enters a crowded market of sustainability-focused digital assets without clear monetization strategy. The company's current market capitalization suggests significant investor skepticism about its ability to capitalize on these opportunities effectively.

Technology Analyst

SMX's molecular embedding technology for supply chain authentication represents a potentially disruptive innovation, particularly in its application to NFC and RFID chips. The collaboration with a major chip manufacturer could be strategically significant, though the absence of the partner's name raises questions. The technology's value proposition lies in its unique approach to combining blockchain with physical marking, addressing a critical need in supply chain security and authenticity verification.

However, the technical implementation details and scalability metrics remain unclear. The company's ability to execute across multiple industries simultaneously while maintaining technological effectiveness needs further validation. The integration with existing supply chain infrastructure and compliance with industry standards will be important success factors that haven't been adequately addressed in their announcements.

MIAMI, FLORIDA / ACCESSWIRE / December 31, 2024 / For SMX (NASDAQ:SMX), 2024 was a transformative year that captured the market's attention in unprecedented ways. This was epitomized by SMX stock recording two of the highest single-day trading volumes in Nasdaq's history-an astounding 826,606,200 shares traded on December 4, 2024, and an undeniably impressive 448,581,500 shares on December 6, 2024.

SMX
Logo

These record-setting days are a testament to investors' recognition of SMX's groundbreaking, blockchain-inclusive molecular embedding technology that can verify and authenticate material origin at every stage of the supply chain, paving a new path for how global sustainability and circular economy initiatives and mandates get met. Adding to that clarity, SMX announced a successful $1,000,000 capital raise on December 30, 2024, an investment that showcases investor's optimism and fuels SMX's ambitious 2025 agenda to further solidify its position as an unrivaled force in utilizing digital technology to score a coordinated global win for sustainability and circular economy objectives. Overall, the total investment for 2024 has reached approximately $14 million.

SMX's success in 2024 wasn't confined to financial achievements. The company forged strategic partnerships with industry titans, sealing milestone development and proof-of-concept agreements with Brinks, YBYRÁ Capital in Brazil, Fingo, Tradepro, and luxury brand giants. These collaborations showcase SMX's ability to adapt its cutting-edge technology across diverse sectors, highlighting unparalleled versatility.

Additional interest came from one of the world's largest chip-makers, with SMX updating markets about the groundbreaking integration of its proprietary technology to mark and protect NFC and RFID chips to deliver unprecedented levels of security, traceability, and durability. This innovation does more than set a new industry benchmark for safeguarding electronic components - it exemplifies SMX's commitment to exploiting its game-changing digital marking technology to maintain its dominant competitive position across multiple industries.

As SMX steps into 2025, expect them to leverage the value inherent to its innovative Plastic Cycle Token (PCT), a revolutionary solution could replace an outdated carbon credit system with a transparent, measurable, and scalable model for a truly circular economy. This one-of-a-kind asset is a technological achievement that can facilitate and redefine a global trading market that incentivizes sustainability through financial reward.

Bottom line - SMX demonstrates that innovation and sustainability can thrive together. More importantly, the former will likely unleash SMX's full potential in 2025.

About SMX (Security Matters) Public Limited Company
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements
The foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Forward-Looking Statements (Other)
The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.

Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce and distribute digital content for SMX Ltd. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares and has never owned stock in SMX Ltd.. While HPM does not own or market shares, it is prudent to expect that those hiring HPM including that company's owners, employees, and affiliates, may sell some or even all of the SMX Ltd. shares that they own, if any, during and/or after this engagement period. Always do your own due diligence prior to investing in any publicly traded company. For a full disclaimer and disclosure statement, click HERE.

Media contact: editorial@hawkpointmedia.com

Contact Information

Ken Ellis
ken@hawkpointmedia.com

SOURCE: SMX (Security Matters)

View the original press release on accesswire.com

FAQ

What were SMX's record-breaking trading volumes on Nasdaq in December 2024?

SMX achieved two of the highest single-day trading volumes in Nasdaq's history with 826,606,200 shares traded on December 4, 2024, and 448,581,500 shares on December 6, 2024.

How much capital did SMX raise in 2024?

SMX raised approximately $14 million in total during 2024, including a $1,000,000 capital raise on December 30, 2024.

Which major companies partnered with SMX in 2024?

SMX formed strategic partnerships with Brinks, YBRÁ Capital, Fingo, Tradepro, and several luxury brand giants.

What is SMX's Plastic Cycle Token (PCT) and its purpose?

PCT is SMX's solution designed to replace traditional carbon credit systems, aiming to create a transparent, measurable, and scalable model for the circular economy through a global trading market that incentivizes sustainability.

What is SMX's core technology application in supply chains?

SMX uses blockchain-inclusive molecular embedding technology to verify and authenticate material origin at every stage of the supply chain, supporting global sustainability and circular economy initiatives.