Vaulta – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 19 Mar 2025 06:38:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Vaulta – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 EOS Network rebrands to Vaulta, aims to merge DeFi with traditional banking https://earlybirdsinvest.com/eos-network-rebrands-to-vaulta-aims-to-merge-defi-with-traditional-banking/ https://earlybirdsinvest.com/eos-network-rebrands-to-vaulta-aims-to-merge-defi-with-traditional-banking/#respond Wed, 19 Mar 2025 06:38:42 +0000 https://earlybirdsinvest.com/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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]]> https://earlybirdsinvest.com/eos-network-rebrands-to-vaulta-aims-to-merge-defi-with-traditional-banking/feed/ 0 25968 EOS Rebrands to Vaulta as it Shifts Focus to Web3 Banking https://earlybirdsinvest.com/eos-rebrands-to-vaulta-as-it-shifts-focus-to-web3-banking/ https://earlybirdsinvest.com/eos-rebrands-to-vaulta-as-it-shifts-focus-to-web3-banking/#respond Tue, 18 Mar 2025 19:51:01 +0000 https://earlybirdsinvest.com/eos-rebrands-to-vaulta-as-it-shifts-focus-to-web3-banking/

EOS Network, known for its scalable blockchain infrastructure, is rebranding to Vaulta as it pivots toward Web3 banking. The transition comes with a token swap that is provisionally scheduled for the end of May.

It also comes with the launch of the Vaulta Banking Advisory Council, a group of financial and blockchain industry experts focused on bridging the gap between traditional banking and decentralized systems. Members include executives from Systemic Trust, Tetra, and ATB Financial, according to a press release shared with CoinDesk.

“Vaulta’s strategic realignment towards Web3 banking is a significant development for the industry,” said Alexander Nelson, senior director of digital finance at ATB Financial. “This move not only opens the door for traditional funds to enter decentralized finance through Bitcoin but also paves the way for greater institutional acceptance.”

Vaulta plans to maintain its technical infrastructure from the EOS Network, including its smart contract architecture, decentralized database, and inter-blockchain connectivity. The platform will integrate with exSat, a Bitcoin-focused digital banking solution, as part of its Web3 banking initiative.

The project, per the release, is set to leverage various partnerships to expand its Web3 banking ecosystem, including with Ceffu, Spirit Blockchain, and Blockchain Insurance. The firm is expected to announce further strategic partnerships in the coming months.

“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. Vaulta is the product of years of planning, strategic development, and thoughtful design, culminating in a holistic Web3 banking approach,” said Yves La Rose, founder and CEO of Vaulta Foundation.

The team described Vaulta’s approach to Web3 banking as two-pronged, offering blockchain-based services tailored for banks and neobanks, and offering a broader financial ecosystem featuring exSat’s Bitcoin banking solutions, blockchain insurance, tokenized real-world assets, and more.

Its network has maintained uninterrupted operation for nearly seven years, emphasizing stability as a key factor in its approach, he added. Advancements in the network’s speed, security and interoperability mean the network is “now positioned for mainstream adoption.”

The rebrand comes as regulatory frameworks for digital assets, including the European Union’s Markets in Crypto-Assets (MiCA), become more defined. La Rose said these developments make it the “right moment” to align Vaulta’s brand with its focus on Web3 banking.

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