Universal Token, Inc. (formerly Eco Bright Future, Inc.) is a financial technology and blockchain company developing an open-source platform for Real-World Assets (RWA) tokenization using Universa Blockchain. The company reported no revenue for the years ended December 31, 2025, and 2024. Net loss increased to $356,248 in 2025, up from $166,378 in 2024. Operating expenses rose to $355,026 in 2025, primarily due to increased professional fees and general and administrative expenses related to software development. The company has accumulated losses since inception and has negative cash flows from operations, leading to substantial doubt about its ability to continue as a going concern. Universal Token raised $1,149,200 from common stock sales for cash in 2025 and converted $487,500 of related party debt into common stock. Total assets increased to $1,151,236 in 2025, largely driven by capitalized software development costs of $1,133,500. Cash balance significantly decreased to $1,842 as of December 31, 2025, from $65,705 in 2024. The company disposed of its Tunisian subsidiary, Universa Hub Africa (UHA), in November 2025, recognizing a net loss of $2,860 on the disposition. Universal Token is awaiting approval for its Digital Asset Service Provider (DASP) licensing application with the National Commission of Digital Assets (NCDA) in El Salvador. Management identified material weaknesses in internal control over financial reporting, including no segregation of duties, limited oversight, lack of control documentation, and insufficient GAAP expertise.