SMX Secures $111.5 Million to Expand Gold Verification Infrastructure

Reuters12-04 00:00
SMX Secures $111.5 Million to Expand Gold Verification Infrastructure

SMX (Security Matters) plc has secured a $111.5 million equity purchase agreement to expand its gold verification infrastructure across major global precious-metal hubs. Utilizing its molecular identity technology, SMX aims to establish a premium tier in the gold market by providing permanent, tamper-proof verification of gold's origin and purity. The company is already implementing its systems with partners like Goldstrom and trueGold, and is active within emerging premium gold markets such as the DMCC. This expansion positions SMX at the forefront of a new era in gold trading, where verified gold is expected to command a market premium over traditional bullion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SMX (Security Matters) plc published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1114287) on December 03, 2025, and is solely responsible for the information contained therein.
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