EOS is rebranding to Vaulta as it pivots toward Web3 banking. Alongside this transformation, the platform plans to introduce a new digital asset, allowing EOS holders to exchange their existing tokens on a 1:1 basis for the newly minted currency.
Vaulta Emerges as EOS Rebrand, Aims to Bridge Traditional Finance and Decentralized Banking
Vaulta, the rebranded entity, aims to roll out its token by May 2025, replacing EOS through a direct swap while positioning itself as a conduit between traditional finance (TradFi) and decentralized finance (DeFi). The project’s ambitions extend to Bitcoin integration, tokenized real-world assets (RWAs), and transactions executed in fractions of a second. Its roadmap includes collaboration with exSat, a Bitcoin-centric layer currently securing $557 million in locked assets.
Despite its aspirations, Web3 banking remains an emerging field fraught with regulatory hurdles. Vaulta’s effort to fuse compliance-driven TradFi with decentralized frameworks presents a formidable challenge, given the industry’s history of regulatory tensions. However, the company highlights that its advisory board features individuals from organizations such as Systemic Trust, ATB Financial, and Tetra Trust.
Vaulta also projects a variable annual percentage yield (APY), estimating a 17% annual return for stakers. Strategic alliances with firms like Ceffu and Spirit Blockchain will facilitate yield strategies, fractionalized asset ownership, and blockchain-based insurance solutions. EOS token holders will be able to swap their holdings for Vaulta’s new native asset through a dedicated portal starting in May 2025, with centralized exchanges overseeing conversions for users.
“While the new brand identity (Vaulta) has been announced, details regarding the new token ticker will be strategically revealed at a later date,” the team disclosed.
According to the team, the portal swap will remain bi-directional for four months. The new token will confer governance rights, staking rewards, and access to RWA investments. EOS gained traction today, rising 15% as of 7:45 p.m. Eastern Time on March 18. The token is trading at $0.5756 per unit, with global trade volume reaching $169 million over the last day. While today’s movement signals momentum, EOS has declined 41.4% against the U.S. dollar over the 12 months and remains 97.5% below its all-time high from 2018.
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EOS Rebrands as Vaulta, Introduces New Token for Bitcoin-Centric Financial Ecosystem
EOS is rebranding to Vaulta as it pivots toward Web3 banking. Alongside this transformation, the platform plans to introduce a new digital asset, allowing EOS holders to exchange their existing tokens on a 1:1 basis for the newly minted currency.
Vaulta Emerges as EOS Rebrand, Aims to Bridge Traditional Finance and Decentralized Banking
Vaulta, the rebranded entity, aims to roll out its token by May 2025, replacing EOS through a direct swap while positioning itself as a conduit between traditional finance (TradFi) and decentralized finance (DeFi). The project’s ambitions extend to Bitcoin integration, tokenized real-world assets (RWAs), and transactions executed in fractions of a second. Its roadmap includes collaboration with exSat, a Bitcoin-centric layer currently securing $557 million in locked assets.
Despite its aspirations, Web3 banking remains an emerging field fraught with regulatory hurdles. Vaulta’s effort to fuse compliance-driven TradFi with decentralized frameworks presents a formidable challenge, given the industry’s history of regulatory tensions. However, the company highlights that its advisory board features individuals from organizations such as Systemic Trust, ATB Financial, and Tetra Trust.
Vaulta also projects a variable annual percentage yield (APY), estimating a 17% annual return for stakers. Strategic alliances with firms like Ceffu and Spirit Blockchain will facilitate yield strategies, fractionalized asset ownership, and blockchain-based insurance solutions. EOS token holders will be able to swap their holdings for Vaulta’s new native asset through a dedicated portal starting in May 2025, with centralized exchanges overseeing conversions for users.
“While the new brand identity (Vaulta) has been announced, details regarding the new token ticker will be strategically revealed at a later date,” the team disclosed.
According to the team, the portal swap will remain bi-directional for four months. The new token will confer governance rights, staking rewards, and access to RWA investments. EOS gained traction today, rising 15% as of 7:45 p.m. Eastern Time on March 18. The token is trading at $0.5756 per unit, with global trade volume reaching $169 million over the last day. While today’s movement signals momentum, EOS has declined 41.4% against the U.S. dollar over the 12 months and remains 97.5% below its all-time high from 2018.