Core Viewpoint - Eco Bright Future Inc. (EBFI) has announced a strategic partnership with Vault.ist to integrate tokenized digital gold into mainstream financial systems, allowing users to make payments using gold through traditional debit cards and mobile payment platforms like Apple Pay and Google Pay [1][6]. Group 1: Partnership and Product Launch - The collaboration aims to launch a product that makes digital assets backed by physical commodities spendable and compliant, bridging alternative finance with everyday convenience [2]. - Vault.ist has set a revenue target of $180 million and aims to lead the $50 billion digital banking and crypto market, viewing the integration of EBFI's tokenized assets as essential for delivering compliant, asset-backed financial experiences [6][7]. Group 2: Company Developments and Achievements - EBFI has a strong track record in asset tokenization, having completed a PCAOB audit, filed a Form 10, and become a USSEC 1934 Act Reporting Company in 2025, along with obtaining digital asset licenses in El Salvador and gold trading licenses in the UAE [3]. - The company has also entered a collaboration with Goldex to facilitate cash-to-gold and gold-to-cash transactions through automated gold ATMs, and is preparing for a Nasdaq uplisting [5]. Group 3: Market Position and Future Outlook - EBFI's share price has increased over 20 times since December 2023, indicating strong investor confidence in its vertically integrated digital asset model [5]. - The founder of EBFI emphasized the importance of integrating stable real-world assets with digital interfaces, highlighting the potential for tokenized gold to be used in everyday transactions [6].
Eco Bright Future, Inc. and Vault.ist Partner to Launch Tokenized Gold Banking Product
Globenewswireยท2025-08-04 13:00