- The renaming EOS in Vaulta marks a strategic swivel towards a leading company in web3 banking that combines traditional financial services with decentralized infrastructure.
- The foundation of the Vaulta Banking Advisory Council and strategic partnerships with leading companies in the industry position Vaulta as one of the main actors in the developing digital financial landscape.
According to a current message from PR Newswire, the EOS Network has announced its renaming in Vaulta in a strategic step that underlines its commitment to revolutionizing digital finance. This change of change marks the climax of extensive development and market analyzes and positions Vaulta at the head of the emerging web3 banking sector.
Entry into web3 banking
Vaulta has set itself the goal of integrating Web3 technology into traditional financial systems and thus creating a safe, scalable and integrative financial ecosystem. This integration aims to open up the potential of decentralized assets such as Bitcoin and to pave the way for a more decentralized financial landscape.
Yves La Rose, founder and CEO of the Vaulta Foundation, emphasized that this conversion represents more than just a name change – it is a decisive step towards providing open, accessible financial services for everyone:
“This conversion is more than just a change of name; it is a crucial step forward in our mission to create open, accessible financial access for everyone. Vaulta is the result of years of planning, strategic development and a well-thought-out design that culminates in a holistic web3 banking approach. Web3 has the potential to redesign the global financial system, and Vaula is at the top of this development.”
Foundation of the Vaulta Banking Advisory Council
In order to bridge the gap between traditional finance and decentralized infrastructure, Vaulta founds the Vaulta Banking Advisory Council. This advisory board is made up of experts from the banking and web3 sector, including well-known personalities such as Lawrence Truong, CEO of Systemic Trust, and Alexander Nelson, Senior Director of Digital Finance at ATB Financial.
Vaulta plans to use strategic partnerships with industry leaders such as Ceffu, Spirit Blockchain and Blockchain Insurance Inc. to expand its web3 banking ecosystem.
Market performance and industry context
The announcement of the renaming has attracted considerable attention within the cryptocurrency community. As of March 19, 2025, EOS-then Vaulta-is traded at around $ 0.63, with a 24-hour trading volume of around $ 412.26 million, which positions it as the 66th largest cryptocurrency after market capitalization.
In connection with this, Shiba Inu and the Energy Ministry of the Emirates have signed a historical web3 partnership. In the rapidly developing digital financial landscape, Shib has experienced a remarkable market activity.
Shib is currently being traded at around $ 0.00001259, which means a slight decline of 0.79% in the last few days and an increase of 2.82% in the last week.
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