#undefined #Vaulta Vaulta, formerly known as EOS Network, is a blockchain platform that has rebranded to focus on Web3 banking services. This transition aims to integrate traditional financial systems with decentralized technologies, offering a comprehensive suite of financial services.
Key Developments:
Token Transition: The native EOS token will be swapped for the new Vaulta Token at a 1:1 ratio, with the swap process expected to begin in May 2025.
Banking Advisory Council: Vaulta has established the Vaulta Banking Advisory Council, comprising experts like Lawrence Truong (CEO of Systemic Trust) and Didier Lavalle (CEO of Tetra Trust). This council guides the integration of traditional and decentralized finance.
Service Offerings: Vaulta's services include wealth management, consumer payments, portfolio investment, and insurance, aiming to bridge the gap between traditional finance and decentralized finance (DeFi).
This strategic shift positions Vaulta at the forefront of the evolving financial landscape, combining the stability of traditional banking with the innovation of decentralized technologies.