#Vaulta
๐ฆEOS Rebrands to Vaulta as It Shifts Focus to Web3 Banking
What to know:
๐ EOS Network is rebranding to Vaulta as part of a strategic move toward Web3 banking.
The change will introduce a banking advisory group composed of financial and blockchain experts.
๐ฒ A token swap is planned for the end of May 2025, pending confirmation.
๐ EOS Network, known for its scalable blockchain infrastructure, is rebranding to Vaulta as it pivots toward Web3 banking. The transition comes with a token swap that is provisionally scheduled for the end of May.
๐ It also comes with the launch of the Vaulta Banking Advisory Council, a group of financial and blockchain industry experts focused on bridging the gap between traditional banking and decentralized systems. Members include executives from Systemic Trust, Tetra, and ATB Financial, according to a press release shared with CoinDesk.
๐ข โThis transformation represents more than just a name change; it's a decisive step forward in our mission to deliver open, accessible financial access for everyone. Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach,โ said Yves La Rose, founder and CEO of Vaulta Foundation.
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