Eco Bright Future, Inc. Operational Updates to Shareholders | EBFI Stock News

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Apr 10, 2025
  • Eco Bright Future, Inc. (OTC: EBFI) progresses towards major exchange uplisting with successful SEC comments resolution.
  • Completed development and testing of gold exchange technology; user onboarding to start soon.
  • Expansion with new subsidiaries in the UAE and Sri Lanka to enhance global reach.

Eco Bright Future, Inc. (OTC: EBFI) has announced significant advancements in its pursuit of uplisting to a major stock exchange. The company has addressed all the remarks regarding its Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC), positioning itself as a 1934 Act Reporting Company. This marks a pivotal step for the company's strategic growth and transparency ambitions.

A key achievement includes the completion and testing of a gold exchange technology platform designed for the tokenization of Real-World Assets. This innovation highlights EBFI's commitment to utilizing blockchain technology to revolutionize asset transactions. The company plans to begin user onboarding for this platform in the coming months, indicating a proactive approach to entering the digital asset space.

Further bolstering its international presence, EBFI has established a subsidiary in the United Arab Emirates (UAE), securing all necessary licenses to operate. The company is poised to start onboarding users in the region within two months, demonstrating a strategic move to expand its global footprint. Additionally, EBFI is in the process of opening a licensed subsidiary in Sri Lanka, with the licensing procedures currently underway. This development aims to extend the company's influence in the digital economy sector across Asia.

Eco Bright Future's commitment to financial transparency is reinforced by the completion of audits for fiscal years 2023 and 2024, culminating in the filing of its 10-K report on April 9, 2025. According to Universa Blockchain Founder Alexander Borodich, the platform developed by EBFI has the potential to transform the industry, owing to the noteworthy efforts of the company's software development team.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.