EOS Network rebrands to Vaulta, aims to merge DeFi with traditional banking

EOS Network announced on March 18 that it will rebrand as Vaulta, marking a strategic shift toward web3 banking as it seeks to integrate decentralized technology with traditional financial systems.

The transition, which includes a token swap, is scheduled for late May 2025, pending confirmation.

The move represents years of development aimed at leveraging Bitcoin’s growing influence in global finance. Vaulta will position itself as a scalable operating system for web3 banking, offering fast transactions, blockchain connectivity, and decentralized data management.

Vaulta Foundation CEO and founder Yves La Rose said:

“This transformation represents more than just a name change; it’s a decisive step forward in our mission to deliver open, accessible financial access for everyone.”

Rebrand

As part of the rebrand, Vaulta will establish a Banking Advisory Council comprising experts from both traditional finance and blockchain sectors. The council will provide strategic guidance to bridge the gap between legacy banking and DeFi.

Members include Lawrence Truong, CEO of Systemic Trust; Didier Lavalle, CEO of Tetra; Alexander Nelson, senior director of digital finance at ATB Financial; and Jonathan Rizzo, senior business solution specialist at ATB Financial.

Nelson said:

“Vaulta’s realignment towards Web3 Banking is a significant development for the industry. This move not only opens the door for traditional funds to enter DeFi through Bitcoin but also paves the way for greater institutional acceptance.”

Vaulta will integrate with exSat, a Bitcoin digital banking solution, to reinforce Bitcoin’s role as the foundation of its decentralized financial ecosystem.

The platform’s technological infrastructure — previously developed under EOS — includes C++ smart contract architecture, a decentralized on-chain RAM database, and multi-chain interoperability features.

The firm has also announced strategic partnerships with Ceffu, Spirit Blockchain, and Blockchain Insurance Inc.

Vaulta aims to develop four core areas in web3 banking: Wealth Management, Consumer Payments, Portfolio Management, and Insurance. These pillars will enable new financial applications such as blockchain-native yield generation, real-world asset (RWA) investments, and customized insurance solutions.

Additional partnerships are expected in the coming months. The token ticker and swap portal launch remains set for late May, subject to further updates.

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