SMX Secures $111.5 Million Equity Deal for Infrastructure Expansion

SMX (NASDAQ:SMX) recently announced a $111.5 million equity purchase agreement, marking a transformative step towards infrastructure acceleration. Unlike mere growth, acceleration shifts the company's trajectory, empowering SMX to adapt to global demands for verified supply chains and compliance. This agreement includes a $11.5 million promissory note and access to $100 million in capital, providing SMX with significant control over its strategic expansions.

This capital influx allows SMX to enhance their infrastructure across various sectors, such as materials identification, circular economy initiatives, and industrial compliance. By maintaining financial resilience and the ability to allocate funds toward digital reserve assets, SMX aims to bolster its market position amid evolving global trade requirements. The agreement not only positions SMX at the forefront of these changes but also aspires to make them a key architect of the Proof Economy.