- EOS Network has announced its rebrand to Vaulta, signaling a major move into Web3 banking.
- A token swap is expected by the end of May 2025, awaiting final confirmation.
The blockchain network, EOS Network, has revealed a rebranding to Vaulta, a major shift towards Web3 banking solutions. This is part of a larger strategy to bridge mainstream finance with decentralized technologies, taking advantage of the scalability and speed of the network.
The shift to Vaulta is the culmination of several years of creation and market experience, a realization of a dream to create an inclusive and compliant financial system backed by blockchain.
Moreover, Vaulta positions itself as a next-generation Web3 banking platform, designed to offer secure, low-cost transactions, seamless interoperability, and decentralized data management.
Token Swap and Rebrand Timeline
The official switching of EOS Network to Vaulta is due to take place later in May 2025, which is subject to confirmation and change. During the rebranding process, a token swap will be launched by Vaulta. It allows the current EOS holders to exchange their tokens for the new Vaulta token.
Launch of the Vaulta Banking Advisory Council
Vaulta will be creating the Vaulta Banking Advisory Council. It comprises with a group of leaders from both traditional finance and the blockchain industry. This council will provide strategic guidance to ensure Vaulta’s services align with global compliance standards and meet the needs of institutional partners.
Among the council members are Lawrence Truong, CEO of Systemic Trust, Didier Lavalle, CEO of Tetra, Alexander Nelson, Senior Director of Digital Finance at ATB Financial, and Jonathan Rizzo, Senior Business Solution Specialist at ATB Financial.
Besides, the council’s mission is to identify real-world use cases and help pilot Vaulta’s Web3 banking solutions across different markets.
Strategic Partnerships and the Four Pillars
Vaulta has formed partnerships with a number of industry leaders, such as Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. These are important partnerships to build Vaulta’s Web3 Banking ecosystem that will concentrate on four areas. It calls as the Four Pillars, these being Wealth Management, Consumer Payments, Portfolio Management, and Insurance.
By focusing on these pillars, Vaulta aims to offer users innovative yield-generation opportunities, facilitate access to real-world asset (RWA) investments. It also establish tailored insurance products for digital assets.
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