In recent years, the blockchain industry has experienced ups and downs, with countless projects either shining brightly for a time or disappearing without a trace. In terms of glory and controversy, EOS undoubtedly occupies a place in the rankings. This public chain, once dubbed a 'king project' for raising as much as 4.2 billion USD in a year, attracted global attention and expectations.
However, the blockchain industry is not static. As the market evolves and preferences shift, the development of EOS has gradually slowed, revealing numerous issues, with community governance and ecological construction lagging behind. In the new development cycle, EOS has increasingly become a subject of ridicule rather than a vanguard of innovation.
To shed its past burdens and reshape its image, the EOS team announced the rebranding to Vaulta. This name change is not merely to escape negative impressions and rebuild market confidence, but rather a proactive breakthrough against past development bottlenecks. Vaulta will no longer be positioned as a high-performance public chain but will focus on building a 'Web3 banking operating system' for financial institutions and compliant users.
EOS reconstructs the next generation of financial infrastructure Vaulta
Behind the rebranding of the EOS brand is a keen grasp of industry trends. In the past, competition in the blockchain space often focused on technical dimensions such as TPS and consensus mechanism optimization. However, with the proliferation of stablecoins, the application of RWA, explosive growth in cross-border payment demands, and improved regulation, the industry is destined to usher in a new turning point, gradually yielding to the construction of financial infrastructure with more practical value. Blockchain infrastructure will also be used to support the ecosystem brought about by the spillover of the financial system.
According to a report by Grand View Research, since 2020, the annual compound growth rate of global cryptocurrency users has reached 34%, with the 18-34 age group being the main force. This generation of users is far more accepting of financial digitization than traditional groups. Moreover, it is expected that by 2028, cross-border stablecoin payments will account for nearly 73% of the total value of global stablecoin transactions. Along with this trend, the disadvantages of traditional payment systems have become increasingly apparent, with the global average remittance fee being about 6.65%, while blockchain technology reduces this number to less than 0.1%, and settlement time is compressed from days to seconds, greatly releasing the efficiency dividend of global capital flow.
Vaulta was born in this context of industry evolution, inheriting EOS's profound accumulation in high-performance blockchain technology, while also incorporating systematic thinking about financial compliance, system sustainability, and practical application scenarios. Vaulta derives its name from the English word 'Vault,' symbolizing security and trust in the DeFi world. The emergence of Vaulta is not just a brand refresh but a systematic reconstruction starting from the underlying architecture.
First, Vaulta has introduced a brand new token system, incorporating a halving mechanism and multiple project funds to enhance the platform's long-term sustainability and governance capabilities. Secondly, while using a high-performance DPoS architecture, Vaulta has rewritten and expanded key modules, reinforcing support for zero downtime and instant transaction finality.
By optimizing consensus mechanisms and node synchronization strategies, Vaulta can ensure stable system operation even during peak network loads or node failures, allowing transaction confirmations to be completed without waiting for multiple blocks, ensuring efficient execution in financial-grade applications such as payments and settlements. Its banking operating system introduces a modular account system, multi-chain interoperability standards (IBC), and a multi-environment compatible operating layer, supporting developers in building both EVM and non-EVM on-chain banking applications. To ensure asset security and enterprise-grade custody needs, Vaulta has also partnered with compliance custodians such as Ceffu and Tetra Trust.
Moreover, Vaulta's banking operating system incorporates necessary account management, permission control, and auditing functions of traditional financial systems, ensuring the efficient operation of the entire network and the traceability of on-chain assets.
The rebranding of EOS is not just a continuation of 'a more powerful blockchain' but a deep reflection on 'how to build a new generation of financial infrastructure.'
Globalization and ecological implementation
Perhaps having learned from the lessons of the EOS era, since the launch of the Vaulta brand, the project team has continuously accelerated its global layout and promoted rapid business implementation through cooperation with various institutions.
As a key component of the Vaulta ecosystem, the Bitcoin-centric digital banking platform exSat Bank has also launched alongside Vaulta's rebranding. exSat Bank is committed to breaking down the barriers between traditional finance and crypto finance by integrating asset management, payment, trading, and risk control functions into a unified on-chain banking operating system. Users do not need to switch between different platforms; they can complete operations such as storing assets, earning returns, transferring, and payments with just one account.
Among a series of partnerships, the most noteworthy is the strategic agreement reached with World Liberty Financial (WLFI), supported by the Trump family. In May 2025, WLFI purchased Vaulta tokens for 6 million USD and announced a long-term partnership with Vaulta. WLFI will integrate its USD stablecoin USD1 into the Vaulta network, and both parties will jointly promote the compliant development of Web3 finance globally.
At the same time, Vaulta announced a strategic partnership with Fosun Wealth Holdings, a subsidiary of China's Fosun Group, to jointly provide blockchain financial infrastructure for the Hong Kong financial market. Vaulta will offer a complete Web3 banking operating system technology suite, including exSat, to provide asset issuance, yield generation, and crypto payment support for Fosun's virtual asset business 'FinChain'. Fosun will integrate its global licenses and RWA issuance capabilities into the platform to achieve compliance-driven business expansion. Yves La Rose, founder and CEO of the Vaulta Foundation, stated that this cooperation will be a crucial validation of Vaulta's global Web3 banking vision.
In the crypto-native ecosystem, Vaulta has also partnered with several leading platforms. For example, Vaulta has reached an agreement with the decentralized gaming platform Ultra, built on EOS technology, where Vaulta will provide underlying payment and digital asset custody services. By combining Vaulta's high throughput and low latency network capabilities with Ultra's large user base, both parties will co-create a new gaming platform that supports cross-game asset flow, NFT financialization, and on-chain reward systems.
In the payment sector, Vaulta has launched a cross-border payment solution, VirgoPay, in collaboration with the Canadian digital asset platform VirgoCX. VirgoPay is a proof of concept (POC) for the cross-border payment capabilities of Vaulta’s banking operating system. The Vaulta network will serve as the default settlement layer for VirgoPay, endowing the payment network with transaction speed and stability that surpass traditional channels. By combining stablecoins with traditional banking systems, VirgoPay can achieve near-zero latency and extremely low-cost global remittance services. It is reported that VirgoCX has processed over 2.5 billion Canadian dollars in various business transactions, with an expected record transaction volume of 3.5 billion Canadian dollars by 2025. The first phase of VirgoPay will cover major financial markets including the United States, Hong Kong, Canada, Brazil, and Australia, and will further expand into Southeast Asia, the Middle East, and other emerging regions, targeting the global cross-border remittance market worth over a trillion dollars.
Substantial progress in Web3 banking
Since the launch of the rebranding narrative, the ecosystem has seen significant capital inflow, as evidenced by the strong performance of the token in April. Since rebranding to $A, although the token price has entered a consolidation phase, the ecosystem continues to expand.
Currently, Vaulta's TVL is 196 million USD, peaking at 384 million USD on May 17. exSat, as a Bitcoin-based digital bank and service provider, is the 'killer dApp' of this network. exSat is built on the Vaulta mainnet and forked from Vaulta's EVM architecture. If we merge exSat's current TVL of over 489 million USD with Vaulta's TVL, the total network TVL will reach 685 million USD, placing Vaulta in the top twenty global public chains by TVL.
In the exSat ecosystem, exSat Bank is its core financial service platform, providing a variety of banking-level services, including digital asset lending and borrowing, cross-chain settlement, stablecoin issuance, and asset custody for institutional and individual users. The Vaulta banking operating system can offer modular functions for on-chain asset management, cross-border clearing, and compliance auditing to existing banking infrastructures.
In addition, the activity level of Vaulta network developers has also significantly increased, reaching a new high for the year.
On the eve of the explosion of blockchain application infrastructure
In summary, Vaulta has evolved from EOS and is no longer satisfied with existing as a high-performance public chain, but has clearly positioned itself as a builder of the next generation of Web3 financial infrastructure. This transformation is a re-understanding and proactive response to the operational logic of the global financial system.
The 'Web3 bank' model proposed by Vaulta is not just a simple on-chain version of traditional banking services but rather a structural reconstruction that attempts to integrate the openness of on-chain finance with the compliance, account systems, and trust mechanisms of traditional finance into a globally deployable infrastructure. This integration not only challenges the monopoly of traditional banks in areas such as cross-border payments and asset management but also provides the blockchain industry with a new path to break out of a closed ecosystem and integrate into the mainstream market.
More importantly, Vaulta is not just a paper plan, but actively promotes the practical implementation of its concepts based on lessons learned from past failures. It has already engaged in deep cooperation with financial institutions, including Fosun Wealth and WLFI, where the former's involvement signifies traditional financial institutions' recognition of the blockchain solutions represented by Vaulta, especially in terms of reducing cross-border payment costs and expanding asset management boundaries. WLFI's strategic investment in Vaulta reflects its bet on this new type of financial infrastructure model. These collaborations not only broaden Vaulta's practical application scenarios but also provide important support for its compliance efforts globally.
Of course, Vaulta also faces significant challenges. Despite the brand's rebranding, the market's historical memories of EOS have not completely faded, and it remains uncertain whether users can truly break free from past sentiments. At the same time, how to seek a balance between innovation and regulation in the increasingly complex global compliance environment is a long-term issue that Vaulta must confront.
The emergence of Vaulta does not mean that the blockchain industry has found the final answer. On the contrary, if Vaulta can succeed, it may become a key signal for the explosive growth of blockchain infrastructure. Regardless of the final outcome, Vaulta has already become an important case for observing how blockchain can penetrate and reshape the global financial system, and its progress is worth the industry's continuous attention.
