Universal Token is a development-stage fintech company building a blockchain-based platform called UTKN that allows businesses and governments to tokenize real-world assets (RWA) — physical assets like gold or real estate represented as digital tokens on a blockchain. The platform is built on the Universa Blockchain and targets central and local banks as its primary customers, who would integrate the platform via APIs to offer RWA tokenization and transfer capabilities to their own clients. Universal Token does not take custody of assets; custody stays with the customer, and the platform facilitates transfers between parties. The company's intended business model is to sell software to banks and governments, with back-end integrations taking one to six months per customer. The exact revenue model — whether transaction fees, licensing fees, or other structures — has not been defined. The company is pre-revenue and pre-launch, with one full-time employee (its President) and one part-time CTO. Universal Token is currently awaiting regulatory approval of its Digital Asset Service Provider license from El Salvador's National Commission of Digital Assets, without which it cannot legally issue digital assets or operate. The company also plans to apply for licenses in the UAE and Thailand, though neither application has been submitted. The platform explicitly excludes U.S. and EU residents and uses third-party vendor SumSub for KYC/AML compliance.