EOS Rebrands to Vaulta, Transitioning to a Web3 Bank Draws Market Attention

Recently, cryptocurrency enthusiasts in Binance Square have been buzzing with discussions as the EOS Network officially announced its rebranding to Vaulta and plans to transition into the Web3 banking sector. This news is like a bombshell, instantly igniting enthusiasm in the market.

It is reported that this strategic adjustment is significant, marking a major leap for EOS from blockchain infrastructure to the financial services domain. According to the official announcement, Vaulta plans to implement a token swap program on May 14, 2025, where EOS tokens will be exchanged for new Vaulta tokens, and the swap will be bi-directional, lasting four months, allowing users to exchange at a 1:1 ratio through a dedicated portal.

It is worth mentioning that Vaulta will retain the robust technological infrastructure of the original EOS network, including smart contract architecture, decentralized databases, and cross-chain interoperability. As an important part of the Web3 banking initiative, the platform will also integrate a digital banking solution focused on Bitcoin, exSat, to offer users a more diversified service experience.

The market has reacted enthusiastically to this news, with EOS's price rapidly increasing and trading volume soaring, demonstrating strong investor confidence in its future development. Whether Vaulta can successfully transition and lead the development trend in the Web3 banking sector remains to be seen!