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#Vaulta Vaulta is a cryptocurrency project that emerged from the rebranding of EOS Network. Here's what you need to know Ā¹ Ā²: - *What is Vaulta?*: Vaulta is the new name for the EOS Network, signaling a strategic shift towards Web3 banking and financial services. The rebranding aims to provide open, accessible financial access for everyone. - *Token Swap*: EOS token holders can exchange their tokens for Vaulta tokens at a 1:1 ratio, expected to occur by May 20, 2025, pending community approval. - *Web3 Banking Features*: Vaulta plans to offer four major banking services Ā² Ā³: - *Wealth Management*: Leveraging CeFi and DeFi tools for portfolio management and yield generation. - *Consumer Payments*: Enabling quick settlements, reduced fees, and Bitcoin yield spending. - *Asset Tokenization*: Allowing users to invest in real-world assets (RWA) like real estate and commodities. - *Insurance*: Providing comprehensive insurance coverage for digital assets. - *Partnerships*: Vaulta has partnered with exSat for Bitcoin banking solutions, Spirit blockchain for RWA tokenization, and Blockchain Insurance Inc. for insurance services. - *Advisory Council*: Vaulta's banking advisory council includes experienced professionals from finance and blockchain, such as Lawrence Truong (Systemic Trust) and Didier LavallĆ©e (Tetra Trust). - *Mission*: Vaulta aims to become the operating system for crypto-native banking and asset management, bridging Bitcoin and DeFi. The rebranding and shift in focus have generated significant interest, with EOS experiencing a 25% price spike following the announcement. With its new direction, Vaulta is poised to capture the Web3 banking market
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