Security Matters

Blockchain-Based Technology to Digitize Physical Objects and Enable a Circular, Closed-Loop Economy

Industrial Technologies
Public on NASDAQ on Jul, 2022<br>Public on ASX on Feb, 2023<br>

Company Overview

Snapshot

Founded in January 2015 by Haggai Alon, Security Matters is a public company with 11–50 employees. The company has raised a total of $8.21 million across four funding rounds and has been public on NASDAQ since July 2022 and on ASX since February 2023.

Business overview

SMX (Security Matters) develops a unique blockchain-based platform for comprehensive tracking and tracing of physical objects. The company utilizes distinct chemical barcodes to create a digital identity for each object, enabling its complete lifecycle tracking. These digital identities enhance supply chain management, promote sustainability, and reduce counterfeiting across various industries, including fashion and plastics recycling. By tracing raw materials from origin through manufacturing, distribution, retail, and end-of-life stages, SMX ensures supply chain transparency and fosters a circular economy.

Strategic signal

In September 2025, SMX announced a significant partnership with Singapore's A*STAR to launch the world's first Plastic Passport Program. This collaboration aims to set a global benchmark for plastics recycling and redefine market trust by making 'proof' a new currency, indicating a strong strategic move towards establishing industry standards and expanding its circular economy solutions.

Company Intelligence Q&A

When did Security Matters become a public company?
Security Matters became public on NASDAQ in July 2022 and on ASX in February 2023.
What is the core technology developed by Security Matters?
Security Matters develops a blockchain-based platform that uses distinct chemical barcodes to create digital identities for physical objects, enabling end-to-end tracking and tracing.
What was a key partnership announced by SMX in September 2025?
In September 2025, SMX announced a partnership with Singapore's A*STAR to launch the world's first Plastic Passport Program, aiming to establish a global blueprint for plastics recycling.
How does SMX contribute to sustainability in the fashion industry?
SMX technology enables companies to invisibly mark, trace, and store data on raw materials at a molecular level, from source across the entire lifecycle, supporting verifiable sustainability claims and circular economy initiatives in fashion.
What was the nature of the collaboration between Domaine des Massifs and SMX in September 2023?
In September 2023, Domaine des Massifs and SMX launched a joint project to certify the origin of raw materials traceable in finished products, forming a strategic collaboration to revolutionize traceability.

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