SMX Stock Price, News & Analysis

SMX (NASDAQ:SMX) announced a jurisdiction-focused strategy to rebuild trust in the gold supply chain by embedding authentication and identity infrastructure at national scale.

Key elements include collaboration with the Dubai Multi Commodities Centre, a partnership with Bougainville Refinery Ltd, integration with digital identity provider FinGo, and deployment of SMX's molecular-level authentication and its majority-owned TrueGold subsidiary to create verifiable gold linked to biometric human identity and auditable workflows.

The approach aims to move trust from individual claims to systemic, jurisdictional enforcement across sourcing, refining, and export.

SMX (NASDAQ:SMX) announced a joint initiative with Bougainville Refinery Ltd and biometric provider FinGo to embed identity infrastructure across gold supply chains, announced December 23, 2025. The program pairs SMX's molecular authentication—an invisible, persistent identity embedded into gold that survives refining—with FinGo's biometric digital identity for verified human custody attribution.

Deployment is active inside Bougainville's licensed refinery environment and targets artisanal and remote supply-chain points to improve KYC/AML compliance and transform provenance records into verifiable event histories.

SMX (NASDAQ:SMX) is moving gold compliance from back-office reporting into operational supply chains by embedding persistent physical-to-digital identity into gold and linking custody to verified human identity.

Key actions include an engagement with the Dubai Multi Commodities Centre, live deployments with Bougainville Refinery Ltd and digital identity partner FinGo, and advancement of the majority-owned trueGold platform to preserve provenance through refining and trade.

The combined technology aims to make compliance continuous at handoffs, enable KYC/AML-aligned attribution, and demonstrate enforcement without slowing trade.

SMX (NASDAQ:SMX) announced two industry alliances on December 22, 2025 that expand its verified-gold identity framework into operational supply chains. The company said it is partnering with Bougainville Refinery Ltd and biometric identity provider FinGo, and is building on prior alignment with the Dubai Multi Commodities Centre (DMCC).

SMX described its trueGold platform and molecular-level authentication that embeds a persistent identifier into gold so provenance, custody, and verified human custody events can be auditable across refining and trade.

SMX (NASDAQ:SMX) announced a joint initiative with FinGo and Bougainville Refinery Ltd to pilot an integrated physical-to-digital authentication and biometric identity framework for the global gold supply chain on December 22, 2025.

The project combines SMX's molecular-level material authentication, FinGo's biometric digital identity aligned to KYC/AML, and Bougainville's licensed refinery workflows to embed verifiable provenance and auditable custody into live operations rather than relying on paperwork alone.

This effort aims to demonstrate operational deployment across sourcing, refining, and export and to create a repeatable model for jurisdictional-scale transparency.

SMX (NASDAQ:SMX) announced a joint initiative with FinGo and Bougainville Refinery Ltd on December 22, 2025, to evaluate an integrated physical-to-digital framework for authenticating gold from mine to export.

The program pairs SMX's molecular-level gold authentication, FinGo's biometric Human Identity-as-a-Service (HIDaaS) for KYC/AML, and BRL's refinery operations to create tamper-resistant digital provenance, auditable compliance records, and verified custody transfers aligned with LBMA, DMCC, and World Gold Council guidance.

SMX (NASDAQ:SMX) positions its molecular identity technology as a structural solution for cannabis companies facing stricter federal oversight as of December 19, 2025. The company argues cannabis systems were built for speed, not durable compliance, and says embedding identity at the material level preserves verification across transformations from flower to formulations.

SMX notes its molecular marking is already deployed in recycled PET used for food-contact applications operating within 21 CFR food-contact regulations, and frames that track record as evidence the technology can meet the continuity and chain-of-custody expectations regulators require.

SMX (NASDAQ:SMX) says its molecular marking technology embeds persistent identity into physical materials, enabling verification that survives transformation and distribution.

The company highlights a demonstration using recycled PET for food-contact applications that it describes as operating within FDA Food Contact Substance rules (21 CFR), arguing the result shows molecular identity can meet strict federal frameworks and be applied to cannabis supply chains as federal oversight tightens.

SMX (NASDAQ:SMX) positions its verification-first traceability systems as aligned with the operational demands created by the December 18, 2025 executive order reclassifying cannabis.

The release argues federal oversight shifts compliance from periodic reporting to continuous, audit-ready verification across seed-to-market activities, emphasizing chain-of-custody, real-time data alignment, and reduced manual reconciliation.

It frames verification-centric infrastructure as a competitive advantage for operators facing tighter audits, approvals, and federally aligned programs.