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EOS Network is rebranding as Vaulta, shifting its focus to web3 banking and aiming to integrate decentralized technology with traditional finance. The transition includes a token swap scheduled for May 2025.
Vaulta’s goal is to leverage Bitcoin’s growing influence in global finance, offering fast transactions, blockchain connectivity, and decentralized data management. To guide the move, Vaulta is forming a Banking Advisory Council with leaders from both traditional finance and blockchain sectors.
The platform will integrate with exSat, a BTC-based banking solution, and build on EOS’s infrastructure. Vaulta has also partnered with Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. Its core focus areas will include Wealth Management, Consumer Payments, Portfolio Management, and Insurance, aiming to develop new financial applications and customized services. More partnerships and updates are expected in the coming months.
Vaulta’s rebranding signals a significant move toward bridging the gap between legacy financial systems and decentralized finance (DeFi). With the integration of Bitcoin as the backbone of its ecosystem, Vaulta aims to create a seamless connection for traditional funds entering DeFi. This transition also sets the stage for broader institutional adoption of blockchain technologies.
By focusing on areas like wealth management and consumer payments, Vaulta plans to offer solutions that empower users with greater financial autonomy while maintaining regulatory compliance, positioning itself as a key player in the evolving web3 banking landscape. As the platform continues to evolve, more strategic partnerships and product updates are anticipated to further strengthen its position in the market.