#Vaulta EOS has actually rebranded to Vaulta, shifting its focus towards Web3 banking. This change aims to integrate decentralized finance (DeFi) with traditional banking systems, leveraging the existing EOS blockchain technology ¹.
*Key Features of Vaulta:*
- *Web3 Banking Platform*: Vaulta will provide institutional-grade financial services through partnerships with major industry players.
- *Token Swap*: EOS token holders will exchange their coins for Vaulta tokens at a 1:1 ratio.
- *Inheritance of EOS Infrastructure*: Vaulta will retain EOS's blockchain infrastructure, including smart contract architecture and cross-chain connectivity technologies.
- *Partnerships*: Vaulta has partnered with companies like Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. to offer financial services.
*Vaulta's Focus Areas:*
- *Market Making and Liquidity Provision*: Providing liquidity solutions for financial markets.
- *Consumer Payments and Wealth Management*: Offering payment solutions and wealth management services.
- *Insurance and Risk Management*: Providing blockchain-based insurance solutions.
- *Decentralized Finance (DeFi)*: Offering DeFi solutions through partnerships and integrations ² ¹.
The rebranding is scheduled to be completed by late May 2025, with the Vaulta token expected to be listed on over 140 exchanges, including major platforms like Binance, Bybit, and Coinbase ³.