The EOS Network, once a giant in the blockchain space, has officially rebranded to Vaulta, marking a strategic shift towards Web3 banking.
Why EOS is Becoming Vaulta
EOS made headlines in 2018 with a record-breaking $4.1 billion ICO. However, despite its strong technical foundation, it struggled with governance issues and market relevance. Vaulta is not just a name change but a shift towards building an open financial future. "We wanted a brand that truly reflects what we’ve built," said Yves La Rose, CEO of Vaulta Foundation.
A Banking Advisory Council to Bridge DeFi & TradFi
Vaulta is establishing a Banking Advisory Council to ensure smooth integration between traditional and decentralized finance. Members include Lawrence Truong, Didier Lavalle, Alexander Nelson, and Jonathan Rizzo. Their expertise will help Vaulta navigate regulatory challenges and financial product innovation.
The Token Transition: EOS to Vaulta
A major part of the rebrand is the EOS token swap to Vaulta Token, starting in May 2025. The new token will be available on over 140 exchanges and integrated into Vaulta’s financial services ecosystem.
The transformation of EOS into Vaulta offers the network a new chance to reclaim success in the blockchain industry, focusing on Web3 banking and traditional finance integration.
