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SMX Opens Kraken Account to Support Verification-Linked Treasury Strategy

Story Highlights
  • SMX opened a Kraken corporate account on January 16, 2026 as part of a board-approved treasury strategy to support its verification technology roadmap.
  • The company is building secure digital treasury infrastructure to back future verification-based value systems, including its Plastic Cycle Token for recycled plastic flows.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SMX Opens Kraken Account to Support Verification-Linked Treasury Strategy

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SMX Public Limited Company ( (SMX) ) has provided an announcement.

On January 16, 2026, SMX (Security Matters) PLC announced it has opened a corporate account with digital asset platform Kraken as part of a board-approved treasury strategy designed to align its capital management with its long-term technology and verification roadmap. The move is framed as an infrastructure-focused step to build secure, compliant digital treasury and accounting capabilities that can support future settlement mechanisms and value units tied to verified physical activity, including the company’s Plastic Cycle Token, a virtual credit framework intended to represent authenticated recycled plastic flows. By selecting an institutional-grade platform and preparing its treasury systems for digitally represented value, SMX is positioning its balance sheet and operations to underpin verification-based value systems in emerging digital and circular economies, while keeping its primary focus on advancing material traceability and sustainability-linked transparency for stakeholders across global supply chains.

More about SMX Public Limited Company

SMX (Security Matters) PLC is a technology company specializing in molecular-marker solutions and blockchain-backed digital product passports, aimed at enabling material-level identification, tracking and lifecycle verification of physical substances across global supply chains. The company targets industries facing carbon neutrality and regulatory challenges, offering marking, tracking, measuring and digital platform technologies to support traceability, authentication, transparency and the transition to a low‑carbon, circular economy.

Average Trading Volume: 2,291,978

Technical Sentiment Signal: Sell

Current Market Cap: $25.58M

Find detailed analytics on SMX stock on TipRanks’ Stock Analysis page.

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