EOS Network Rebrands To Vaulta As Part Of Web3 Banking Shift

The EOS Community that launched throughout the 2018 preliminary coin providing increase has rebranded to Vaulta as a part of its pivot to give attention to Web3 banking.

In a March 18 assertion, the corporate mentioned that the swap to Valuta is scheduled for the tip of Could. The rebranding will embody a brand new token. An advisory group often called the Vaulta Banking Advisory Council can even be established to assist the agency transfer in its new route.

EOS Token To Transition To The Vaulta Token

In one other assertion, the corporate mentioned that the community’s native EOS token will transition to the Vaulta Token. Though the brand new crypto’s ticker particulars and technical particulars will solely be disclosed at a later date, the group did say that the brand new token will probably be obtainable on the practically 140 exchanges the place EOS at the moment trades. 

Traders will have the ability to change their EOS tokens for the brand new Vaulta Token by means of a swap portal that will probably be made obtainable in Could.

A New Period of Finance Begins.

After years of constructing the foundations behind the scenes, we’re excited to introduce Vaulta subsequent frontier of finance Web3 Banking 🏦

With cryptocurrency’s rising reputation, clearer rules, & rising demand for progressive monetary merchandise,… pic.twitter.com/6TLlHR7MCa

— EOS Community (@EOSNetworkFDN) March 18, 2025

The EOS community’s blockchain infrastructure can even be inherited by Vaulta.

EOS Value Surges After Rebranding Announcement

Following its launch, EOS was a prime 10 mission. Nevertheless, its value has since been on a gradual decline. Together with the lower in value, the crypto has additionally dropped out there rankings. CoinMarketCap information reveals that the altcoin is at the moment ranked because the 68th largest crypto by market cap, with its complete capitalization standing at greater than $948.85 million.

Opinions on what went incorrect with the mission differ. Some who volunteered to help in creating the community mentioned there was a scarcity of assist and route for the mission.

Since its launch, the crypto’s value has dropped over 40%. Nevertheless, traders and merchants reacted positively to the rebranding announcement. EOS subsequently surged greater than 24% within the final 24 hours to commerce at $0.6109 as of 8:30 a.m. EST.

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