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*EOS Rebrands to Vaulta: A New Era in Web3 Banking*
The EOS network has officially rebranded to Vaulta, marking a significant shift in focus towards Web3 banking solutions. This transformation includes a 1:1 token swap from EOS to Vaulta, scheduled for late May 2025.
*Key Developments:*
1. *Vaulta Banking Advisory Council*: Established to support the new direction, this council will provide strategic guidance and expertise in Web3 banking.
2. *Partnership with Ultra*: Vaulta is teaming up with Ultra, a prominent gaming platform, to integrate Web3 banking tools with Ultra's gaming network.
3. *Integration with VirgoPay*: Vaulta is partnering with VirgoPay to enable cross-border stablecoin payments, targeting key regions like Canada, Brazil, and Hong Kong.
*Impact:*
These developments position Vaulta as a major player in the Web3 banking space, offering innovative solutions for users and businesses alike. The partnerships with Ultra and VirgoPay are expected to drive adoption and expand Vaulta's reach.