EOS Network Rebrands to Vaulta, Pivots to Web3 Banking

The EOS Network, a blockchain platform that launched in 2018 during the initial coin offering boom, has undergone a significant transformation. The network has rebranded to Vaulta, marking a strategic pivot towards offering Web3 banking services. This shift is aimed at unlocking the potential of Bitcoin, digital assets, and the future of decentralized finance.

The rebranding to Vaulta is scheduled for the end of May 2025, subject to confirmation and potential changes. The transition includes the establishment of an advisory group known as the Vaulta Banking Advisory Council. This council comprises distinguished leaders in banking, fintech, and Web3, who will provide strategic leadership, practical insights, and regulatory expertise. The council includes notable figures such as Lawrence Truong, Chief Executive Officer at Systemic Trust, Didier Lavallée, Chief Executive Officer at Tetra Trust, and Alexander Nelson, Senior Director, Digital Finance at ATB Financial. These experts will ensure that Vaulta remains credible, compliant, and strategically aligned to accelerate the mainstream adoption of Web3 banking services.

Vaulta's Web3 banking ecosystem is built on four core pillars: Wealth Management, Consumer Payments, Portfolio Investment, and Insurance. Each pillar is designed to bring real value to the network and is supported by active partnerships with established businesses. The Wealth Management pillar unifies the best of centralized finance (CeFi) and decentralized finance (DeFi), offering users opportunities to diversify, earn, and protect their holdings with enterprise-grade security. The Consumer Payments pillar aims to broaden everyday use cases for digital assets, tap into emerging markets, and expand financial solutions. The Portfolio Investment pillar brings together DeFi opportunities and traditional finance opportunities in one secure environment, while the Insurance pillar leverages strategic partnerships to enhance asset security.

Vaulta's technology stack includes enterprise-ready smart contracts, direct Bitcoin integration via exSat, decentralized on-chain RAM database, cross-chain liquidity, and seamless interoperability. The network achieves transaction finality in approximately one second, significantly improving capital efficiency and ensuring secure, rapid financial transactions. This makes Vaulta well-positioned to manage the needs of traditional banking systems and unlock the next frontier of financial innovation.

The Vaulta token, previously known as EOS, will undergo a token swap in May 2025. The tokenomics, including allocations, supply, and vesting schedules, will remain unchanged. The token swap will be bi-directional for four months, allowing users to exchange their tokens at a 1:1 ratio through a dedicated swap portal. The new token ticker details will be revealed at a later date.

Vaulta's vision is to become a comprehensive financial network for Web3 banking, offering a holistic, user-friendly, and trusted environment for anyone looking to enter or expand within Web3 banking. The network's dual-track approach offers various entry points for multiple stakeholders, including institutions, blockchain and DeFi projects, developers, and individual investors. By strategically combining visionary ambition with immediate practical solutions, Vaulta empowers users, institutions, and developers globally.