SICPA and Commstack Launch Joint Venture to Deliver End-to-End Traceability to Secure Sourced Minerals
SICPA, a global leader in secure identification, traceability, and authentication technologies, and Commstack, a provider of next-generation digital infrastructure for commodity traceability and responsible trade, today announced the launch of a strategic joint venture designed to enhance transparency and accountability across the mining supply chain - starting with gold and other high value commodities.
The partnership generates unique synergies, combining SICPA’s secure marking and authentication technologies, expertise and global presence through long-standing collaborations with governments, central banks and regulators worldwide, and Commstack’s real-time, fact-based traceability and compliance digital platform. The partnership ensures full visibility across the mine to market value chain, enabling significant additional revenue opportunities for governments, facilitating global trade compliance, formalising artisanal mining and digitising trade flows.
By integrating cutting-edge marking technology, big data analytics, and secure digital infrastructure, the resulting joint venture platform offers a scalable and practical path to responsible sourcing. It creates value for governments, miners, and buyers alike by strengthening oversight, reducing risk, and enhancing market confidence throughout the mining supply chain.
“Building on a program developed by SICPA to secure gold bars, this new joint venture is a decisive move toward full traceability, reinforcing transparency, compliance, and trust across the mining industry. This supports our mission to secure the vital assets of nations, thus reinforcing their sovereignty,” said Philippe Amon, Chairman and CEO of SICPA.
“Partnering with SICPA allows us to scale a secure, digital-first solution that brings clarity throughout the mineral supply chain. Together, we’re enabling responsible minerals sourcing from mine to market, starting with gold,” said Craig Meerholz, Founder of Commstack.
About SICPA
Established in 1927, SICPA is a Swiss private technology company that supports the effective governance and long-term prosperity of nations. SICPA is best known for protecting the majority of the world’s banknotes. With operations across five continents, our platform for sovereignty delivers sovereignty solutions across digital identity and integrity, revenue mobilisation, natural resources, health and brand protection.
About Commstack
Commstack delivers digital infrastructure and deep sector knowledge for commodity traceability, responsible sourcing, and ESG compliance. Its modular ecosystem enables full supply chain visibility, stakeholder inclusion, and trustworthy data for trade, investment, and regulatory alignment.