Company Overview - EcoBrightFuture Inc. has rebranded itself as Universal Token, reflecting its commitment to becoming a leader in tokenization and digital banking [1][3] - The company operates globally, with a focus on regions including El Salvador, the UAE, Indonesia, and Sri Lanka [7] Leadership Changes - Alexander Borodich, founder of Universa Blockchain, has been appointed as Chairman of the Board, bringing extensive experience in blockchain tokenization [2][5] Strategic Developments - Universal Token's subsidiary, United Digital Gold Trading FZCO DMCC, is licensed in the UAE and will support the launch of a Digital Gold Trading Platform [3][4] - The platform will integrate physical gold reserves with blockchain technology, enabling instant payments and digital asset-backed savings [4][5] Market Positioning - The rebranding signifies a shift from being a digital asset innovator to establishing a comprehensive financial ecosystem [5] - The company aims to create a compliant, asset-backed digital service framework, leveraging its position in the UAE, a key hub for digital assets [5][6] Partnerships and Integrations - Recent strategic integrations include collaborations with Goldex ATM networks and Aurora Group in Indonesia, enhancing the company's service offerings [5]

Core Viewpoint - Blue Hat Interactive Entertainment Technology has undergone a significant strategic transformation, focusing on the gold industry, which has resulted in a substantial decrease in revenues but notable improvements in asset growth and operational efficiency [1][2]. Financial Performance - Total revenues decreased by 74.59% to $18.72 million in 2024 from $73.69 million in 2023 due to the strategic business transformation [1]. - Total assets grew by 53%, with current assets increasing by 78%, primarily driven by the acquisition of 1 ton of physical gold for approximately $66.49 million [1]. - The net loss was reduced by 56%, from $21.72 million in 2023 to $9.52 million in 2024, indicating improved operational quality [1]. - Gross margin increased from 1.6% in 2023 to 8.3% in 2024, reflecting a significant breakthrough in profit quality [2]. - Net cash outflow from operating activities decreased by 91%, from $9.77 million to $880,000, showcasing enhanced operational efficiency [2]. Strategic Focus - In 2025, the company aims to deepen its presence in the gold industry with three strategic priorities: managing and potentially expanding physical gold reserves, integrating supply chain resources, and developing a digital gold trading platform [3]. - The company seeks to create a transparent and efficient paradigm for gold trading through technology empowerment and business model innovation [3]. Company Background - Blue Hat was previously involved in communication services and AR interactive entertainment but is now transitioning to become a leading intelligent commodity trader, focusing on commodity trading [4].