EOS Network transforms into Vaulta:

The EOS blockchain network, which captured global attention in 2018 with a record initial coin offering (ICO) of USD $4.1 billion, has decided to reinvent itself.

On March 18, 2025, the company announced its rebranding to Vaulta, marking a strategic shift towards Web3 banking.

EOS, powered by Block.one, was once a top 10 project after its launch in June 2018.

To lead this transition, Vaulta will create the Vaulta Banking advisory board that will guide its new mission in the decentralized financial space.

Vaulta will inherit the technical infrastructure of EOS Network, including its integration with exSat, a Bitcoin-based digital banking solution.

Combined with Vaulta's BankingOS system, it promises to offer a set of innovative financial services.

The company has also established strategic partnerships with firms such as Ceffu, Spirit Blockchain, and Blockchain Insurance Inc.

These collaborations aim to position Vaulta as a key player in Web3 banking.

Web3 represents the evolution of the internet towards a blockchain-based ecosystem, where users control their data and digital assets.

Vaulta aspires to be more than a blockchain network: a comprehensive financial platform.

The path will not be easy. Competition in the Web3 space is fierce, with projects like Ethereum and Solana dominating the market. Still, Vaulta believes that its experience and infrastructure will give it an advantage.

The history of EOS is marked by ups and downs. Its ICO of USD $4.1 billion, the largest in history, generated enormous expectations.

For years, it maintained a place among the most valuable projects, but its decline began soon after.

In September 2019, it paid a $24 million fine to the (SEC)

After the settlement with the SEC, Block.one seemed to divert its attention from EOS to other projects.

Success will depend on execution and the trust that the company can regain.