The EOS Network, once a giant in the blockchain space, has officially rebranded to Vaulta, marking a strategic shift towards Web3 banking. Completion of the rebranding is set for May 2025, including a token swap and a refined focus on four core financial pillars.
Why EOS is Becoming Vaulta
In 2018, EOS made headlines with a record-breaking $4.1 billion ICO. Despite its technical strengths, the network struggled with governance issues and market relevance. The transition to Vaulta is not merely cosmetic but marks a decisive shift towards fintech future infrastructure, promising to blend the reliability of traditional finance with the possibilities of blockchain.
A Banking Advisory Council to Bridge DeFi & TradFi
To ensure smooth integration between traditional finance and DeFi, Vaulta is establishing a Banking Advisory Council. This initiative brings together banking executives and blockchain experts to guide the network’s financial strategy.
The Token Transition: EOS to Vaulta
A major part of the rebrand is the EOS token swap, which will see EOS transition to Vaulta Token. The swap is expected to begin in May 2025 through a dedicated swap portal. The new Vaulta Token is designed to be integrated into Vaulta’s financial services and banking ecosystem.
The transition from EOS to Vaulta signifies a new phase for the network, offering a chance to reclaim relevance in the blockchain space, with a focus on Web3 banking, DeFi, and traditional finance integration.
