March 19, 2025
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Eos rebrands to vaulta as it shifts focus to web3 banking

The transition includes a token swap and the launch of a banking advisory Group.”, – WRITE: www.coindesk.com

The transition includes a token swap and the launch of a banking advisory Group.Updated Mar 17, 2025, 6:46 PM UTCPublished Mar 18, 2025, 7:30 PM UTC

EOS NETWORK, KNOWN FOR ITS Scalable Blockchain Infrastructure, is Rebranding to Vaulta as It Pivots Toward Web3 Banking. The transition of comes with a token swap that is provisionally screduleduled for the end of May.

It Also Coms with The Launch of the Vaulta Banking Advisory Council, A Group of Financial And Blockchain Industry Experts Focused On Bridging the Gap Between Deecntiona. Members Include Executives from Systemic Trust, Tetra, and Atb Financial, Account to A Press Release Shared with Coindesk.

“Vaulta’s Strategic Realignment Towards Web3 Banking Is A Significant Development for the Industry,” Said Alexander Nielson, Senior Director of Digital Finance Attan “This Move not only Opens the Door for Traditional Funds to Enter Decentralized Finance Through Bitcoin But Also Paves The Way for Greater Institutional Acceptance.”

Vaulta Plans to Maintain ITS Technical Infrastructure from the EOS Network, Including It Smart Contract Architecture, Decentralized Database, and Inter-BLOCKCHAIN ​​CONNICTIVITA. The platform will integrate with exsat, a bitcoin-focused digital banking Solution, as part of of it web3 banking initiative.

The Project, Peror The Release, Is Set to Leverage Various Partnerships to Expand It Web3 Banking EcoSystem, Including with Ceffu, Spirit Blockchain, and Blockchain Insurance. The FIRM IS EXPECTED TO ANNUNCE FURTHER Strategic Partnerships in the Coming MONHS.

“This transformation represents more than just a name change; It’s a Decisive Step Forward In Our Mission to Deliver Open, Accessible Financial Access for Everyone. Oventa Development, and Thoughtful Design, Culminating in a Holistical Web3 Banking Approach, ”SAID Yves La Rose, Founder and CEO of VULTA Foundation.

The team descripted vaulta’s Approach to Web3 Banking as Two-Pronged, Offering Blockchain-Based Service Tailored for Banks and Neobanks, and Offering A Broader Finan Finan. Solutions, Blockchain Insurance, Tokenized Real-World Assets, and More.

ITS NETWORK HAS MAINTAINED uninterrupted Operation for Nearly Seven Years, Emphasizing Stability As a Key Factor In Its Approach, He Added. Advancements in the Network’s Speed, Security and Interperability Mean The Network is “Now Positioned for Mainstream Adoptation.”

The Rebrand ComESS As Regulatory Frameworks for Digital Assets, Including the European Union’s Markets in Crypto-Assets (Mica), Become More Defined. La Rose Said These Developments Make It The “Right Moment” to Align Vulta’s Brand with Its Focus on Web3 Banking.

Francisco RodriguesFrancisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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