News
by BSCN
March 19, 2025
Vaulta retains EOS’s smart contract framework but integrates with exSat, a Bitcoin banking solution.
The EOS Network, once a giant in the blockchain space, has officially rebranded to Vaulta, marking a strategic shift towards Web3 banking.
Finance is evolving. The barriers are breaking. A new standard is emerging.
— EOS Network (@EOSNetworkFDN) March 18, 2025
Introducing Vaulta – bridging traditional banking with the power of Web3. Secure. Scalable. Unstoppable.
Secure your future. The future is now. pic.twitter.com/f81801QpqF
Set for completion by May 2025, the rebrand includes a token swap and a refined focus on four core financial pillars: Wealth Management, Consumer Payments, Portfolio Management, and Insurance.
With a history of ups and downs, EOS’s evolution into Vaulta signals a fresh start. But what does this mean for users, investors, and the broader crypto ecosystem?
EOS made headlines in 2018 with a record-breaking $4.1 billion ICO, positioning itself as a serious competitor to Ethereum. However, despite its strong technical foundation, EOS struggled with governance issues, lack of direction, and diminishing market relevance.
Now, the network is taking a bold step forward with a new identity. Yves La Rose, CEO of Vaulta Foundation, emphasized that the change is not just cosmetic but a decisive shift towards building an open and accessible financial future.
“We wanted a brand that truly reflects what we’ve built, who we are, and where we’re headed,” La Rose said in an interview with The Defiant.
According to the CEO, Vaulta isn’t just another name change—it aims to be a full-fledged Web3 banking infrastructure, blending the power of blockchain with the reliability of traditional finance.
The network is built on the EOS architecture, maintaining key features like:
A crucial element in Vaulta’s strategy is exSat, a Bitcoin scaling solution. exSat will serve as Bitcoin’s financial backbone, allowing Vaulta users to interact with Bitcoin in new ways beyond simple holding or trading.
“Most people enter the crypto space through Bitcoin—it’s their first touchpoint. Many hold Bitcoin as an asset but haven’t been able to do much with it,” La Rose explained.
Vaulta’s ecosystem will include partnerships with major blockchain firms such as Ceffu, Spirit Blockchain, and Blockchain Insurance Inc.
To ensure smooth integration between traditional finance and decentralized finance (DeFi), Vaulta is establishing the Vaulta Banking Advisory Council. This initiative brings together banking executives and blockchain experts to guide the network’s financial strategy.
Key council members include:
Their expertise will help Vaulta navigate regulatory challenges, institutional adoption, and financial product innovation.
“One of the things we wanted to do is position ourselves and have partnerships with industry participants that are experts within their particular field,” said La Rose.
A major part of the rebrand is the EOS token swap, which will see EOS transition to Vaulta Token. The swap is expected to begin in May 2025 through a dedicated swap portal.
The new Vaulta Token will be:
Details about the ticker symbol and technical specifications will be released closer to the transition date.
EOS was once a top-10 cryptocurrency, but years of stagnation pushed it outside the top 100 rankings. The Vaulta transformation represents a second chance—an opportunity to reclaim relevance in the blockchain space.
Key takeaways from the rebrand:
With the network’s core infrastructure intact and a clear roadmap ahead, Vaulta is betting big on bringing DeFi and banking together.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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