EOS Network Rebrands to Vaulta, Shifting its Strategic Focus to Web3 Banking

Today, the EOS Network announced its rebranding to Vaulta, in alignment with its strategic shift towards Web3 banking.

The EOS Network, renowned for its scalable operating system that delivers rapid, low-cost transactions, seamless blockchain connectivity, and decentralized resource management for Web3 banking, today announced its rebranding to Vaulta.

This rebranding initiative coincides with the strategic shift of the EOS Network towards Web3 banking. The official transition will include a token swap, planned for the end of May (subject to confirmation and change).

Transitioning from EOS to Vaulta marks the culmination of years of planning and development work as the team strives to deliver on its commitment to build a secure, scalable, and inclusive financial ecosystem. Over the past few years, the team has been integrating Web3 technology with the traditional financial system to realize the vision of Web3 banking, unlocking the immense potential of Bitcoin and other decentralized technologies.

“This transformation is more than just a rebranding; it is a critical step towards our mission of open and inclusive finance. Vaulta is the product of years of planning, strategic development, and careful design, and it will be a complete Web3 banking system. Web3 has the potential to revolutionize global finance, and Vaulta is at the forefront of this transformation,” said Yves La Rose, Founder and CEO of Vaulta.

This brand transformation will also drive the establishment of the Vaulta Banking Advisory Committee. This initiative aims to gather professional insights from experts in the banking and Web3 sectors on how to integrate traditional finance with decentralized infrastructure and the Web3 ecosystem. The advisory team will be instrumental in formulating high-level strategies that comply with global regulatory standards and identify key real-world pilot opportunities.

The Banking Advisory Committee will bring together several industry-renowned thought leaders, including Lawrence Truong, CEO of Systemic Trust, Didier Lavalle, CEO of Tetra, Alexander Nelson, Senior Director of Digital Finance at ATB Financial, and Jonathan Rizzo, Senior Business Solutions Expert in Digital Finance at ATB Financial.

“I am thrilled to be joining the Banking Advisory Committee as Vaulta embarks on this exciting new chapter. As a leader in digital finance, ATB Financial is deeply invested in exploring the synergies between traditional and decentralized banking systems. Vaulta’s strategic adjustment in Web3 banking is of great significance for the entire banking industry. Their robust infrastructure is poised to connect the advantages of the traditional banking system with the cutting-edge technology of blockchain. This initiative will not only provide a pathway for traditional funds to enter the DeFi space through Bitcoin but also promote broader institutional acceptance of the cryptocurrency market. I look forward to working closely with the team at Vaulta to advise on the next phase of their development journey,” said Alexander Nelson, Senior Director of Digital Finance at ATB Financial.

Aiming to revolutionize the financial services industry, Vaulta provides a highly scalable and high-performance operating system to drive real-world financial applications. This innovation is built on the foundation laid by the EOS brand, covering key elements of the network technology stack, such as C++ smart contract architecture, decentralized on-chain RAM databases, and multi-chain interoperability (IBC) environments. In addition, Vaulta is seamlessly integrated with exSat, a Bitcoin digital banking solution that is committed to making Bitcoin the cornerstone of a decentralized financial ecosystem. The Bitcoin digital banking services of exSat complement Vaulta’s banking operating system perfectly.

To expand the capabilities of the Vaulta Web3 banking ecosystem around specific digital asset application scenarios, the company will be engaging with several industry-leading companies to forge strategic partnerships. These partners include Ceffu, a leading digital asset holding company, Standard Chartered, a British multinational bank, Spirit Blockchain, a digital asset technology company, and Blockchain Insurance Inc., a leading blockchain insurance firm. Together, they will focus on developing the ‘Four Pillars’ of the Vaulta Web3 banking ecosystem. These pillars are:

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Consumer Payments

* Web3 banking operating system.

* Portfolio Management services for institutions.

* Decentralized Insurance services.

The development of the Four Pillars will empower Vaulta to unlock new revenue-generating opportunities, enter the realm of real-world asset (RWA) investments, and establish insurance services tailored for blockchain.

In the coming months, Vaulta plans to announce more strategic partners as it continues to advance Web3 banking and infrastructure development. The official transition will include a token swap, planned for the end of May (subject to confirmation and change).

About Vaulta

Vaulta is a highly scalable, high-performance banking operating system designed to provide developers and enterprises with unparalleled speed, reliability, and flexibility. As a gateway to the Bitcoin ecosystem and a pioneer in decentralized resource management through the RAM market, Vaulta redefines financial infrastructure by combining Web3 banking with institutional-grade performance.

Vaulta is built on a dynamically flexible infrastructure that supports customizable virtual environments (such as Vaulta EVM and exSat), providing complete data availability and seamless inter-blockchain communication. With zero downtime, instant finality, and one of the lowest transaction costs on the market, Vaulta will open the next