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EOS Network Rebrands To Vaulta As Part Of Web3 Banking Shift

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The EOS Community that launched through the 2018 preliminary coin providing growth has rebranded to Vaulta as a part of its pivot to deal with Web3 banking.

In a March 18 assertion, the corporate stated that the change to Valuta is scheduled for the tip of Might. The rebranding will embrace a brand new token. An advisory group often called the Vaulta Banking Advisory Council may even be established to assist the agency transfer in its new course.

EOS Token To Transition To The Vaulta Token

In one other assertion, the corporate stated 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 workforce did say that the brand new token will likely be accessible on the almost 140 exchanges the place EOS presently trades. 

Traders will be capable to change their EOS tokens for the brand new Vaulta Token by a swap portal that will likely be made accessible in Might.

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 recognition, clearer laws, & rising demand for revolutionary monetary merchandise,… pic.twitter.com/6TLlHR7MCa

— EOS Community (@EOSNetworkFDN) March 18, 2025

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

EOS Value Surges After Rebranding Announcement

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

Opinions on what went unsuitable with the venture differ. Some who volunteered to help in growing the community stated there was an absence of assist and course for the venture.

Since its launch, the crypto’s worth has dropped over 40%. Nonetheless, 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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Tags: BankingEOSNetworkPartRebrandsshiftVaultaWeb3
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