On March 2025, the EOS public chain announced its rebranding to **Vaulta**, strategically transforming into a 'Web3 Bank' aimed at integrating traditional finance with decentralized services. Key initiatives include:

1. **Token Swap**: A plan to initiate a 1:1 exchange from EOS to Vaulta tokens by the end of May 2025, with the new tokens supporting staking rewards, although governance functionality will be weakened, and actual control will remain concentrated in the foundation.

2. **Technical Integration**: Continuing to use the high-performance underlying architecture of EOS, enhancing cross-chain interoperability, and focusing on supporting the Bitcoin ecosystem's **exSat layer** (which enables BTC smart contracts and DeFi functions), with its Total Value Locked (TVL) reaching $587 million, far exceeding that of the EOS mainnet.

3. **Ecological Cooperation**: Collaborating with institutions like Ceffu and Blockchain Insurance to expand institutional services in wealth management, payments, and insurance, and establishing a banking advisory committee (including Canadian compliance institutions like ATB Financial) to promote the compliance process.

This transformation is viewed as EOS's 'shell rebirth' after its unsuccessful competition in the public chain sector, but the market remains divided on the actual feasibility of its Web3 banking model.