EOS Network Rebrands to Vaulta, Signaling a New Chapter in the World of Decentralized Finance

In a bold move signaling a new chapter in the world of decentralized finance, the EOS Network has announced a major rebranding — the project will be renamed Vaulta

The EOS Network is undergoing a major rebranding and shifting focus to Web3 banking, announcing a full token swap and the launch of a new ecosystem by May 2025.

Announced via PR Newswire, the project will be renamed Vaulta, aiming to become an operating system for the next generation of financial services. The goal is to provide fast and low-cost transactions, cross-chain interoperability, and decentralized data storage infrastructure.

This rebranding culminates years of development of a secure and inclusive financial ecosystem built on Web3 technologies.

“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,” said Yves La Rose, CEO of the Vaulta Foundation. “Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach. Web3 has the potential to reshape global finance and Vaulta is at the forefront of this evolution.”

To advise on this transition and the future of financial innovation, Vaulta is establishing a Banking Advisory Council, which will include leading experts from the worlds of fintech and traditional finance. Members of the council will be announced shortly and include Lawrence Truong from Systemic Trust, Didier Lavalle from Tetra, and representatives of ATB Financial, including Alexander Nelson.

"We are excited to contribute our expertise in financial technology and responsible investing to the development of Vaulta's vision," said Alexander Nelson, Chief Investment Officer at ATB Financial. "As institutions navigate the evolving Web3 landscape, fostering collaboration and a shared commitment to value creation will be paramount."

This initiative will bring together a diverse range of perspectives to guide Vaulta in its endeavor to revolutionize the financial landscape and empower the broader user community.

"We are pleased to see institutions coming together to advance Web3 technologies that can benefit society," remarked Lawrence Truong, Managing Partner at Systemic Trust. "The integration of Bitcoin and blockchain is progressing rapidly, and we are proud to be part of this collective effort."

"This council will be instrumental in advising and supporting the development of the Vaulta ecosystem, which includes a modular framework for financial institutions and broader user community, encompassing everything from decentralized payments to corporate liquidity management,”highlight a statement by the project.

A key component of the ecosystem will be the integration with exSat, a Bitcoin-based digital banking system that has already achieved a TVL of over $685 million and secured partnerships with major mining pools such as Antpool and ViaBTC. exSat leverages Vaulta's architecture to convert BTC into a yield-generating asset using smart contracts, delta-neutral strategies, and high-performance blockchain technology.

This initiative culminates years of dedication from the EOS community in building a secure, inclusive, and accessible financial ecosystem, powered by Web3 technologies. As the project advances, it invites users, developers, and institutional investors to join the next phase of financial evolution with the goal of offering a more open and equitable financial future for all.

According to information published on the official EOS Network website, the new Vaulta token will offer staking opportunities, participation in governance, and access to services such as real-world asset (RWA) tokenization and RAM-based decentralized infrastructure.

The token swap portal is scheduled to launch in May, and EOS holders will have four months to exchange their tokens at a 1:1 ratio.

To facilitate a smooth transition and provide ongoing support, the Vaulta team will be hosting regular AMAs and engaging with the community on platforms such as Telegram to answer questions and ensure a seamless transition to the new ecosystem.