EOS becomes Vaulta: the new future of Web3 banking

EOS Network, one of the most discussed blockchains in recent years, has announced a radical transformation: rebranding to Vaulta and entering the Web3 banking sector. This change of direction aims to relaunch an ecosystem that, after raising 4.1 billion dollars in the largest ICO in history, has seen its value and relevance diminish over time.

The transition is scheduled for the end of May 2025, with a new token and a strategy aimed at redefining digital finance. In this article, we analyze the details of the transformation, the implications for investors, and the future of Vaulta.

Why does EOS become Vaulta? Reasons and objectives of the rebranding

The official announcement on March 18, 2025, clarified that the rebranding is not just a name change, but a true new strategic course.

The main reasons behind this choice are:

• Decline in the value of EOS: once among the top 10 cryptocurrencies by market capitalization, EOS has now fallen to the 95th position (CoinGecko data).

• Lack of leadership: developers have complained for years about the poor strategic direction from Block.one, the company behind EOS.

• Legal issues with the SEC: in 2019, Block.one paid a fine of 24 million dollars to the Securities and Exchange Commission (SEC) for violations related to the ICO.

• Focus on other projects: Block.one has shifted its resources to initiatives like the NFT Voice marketplace and the Bullish exchange, neglecting EOS.

With Vaulta, the project aims to leave these problems behind and position itself as a leader in the decentralized finance (DeFi) sector and Web3 banking.

What changes with Vaulta? The new Web3 banking ecosystem

Vaulta will not just be a new name, but an innovative financial ecosystem, with digital banking solutions based on blockchain.

Main news:

• New Vaulta token: EOS will be replaced by a new digital asset, available on over 140 exchanges and through a swap that will be active from May 2025.
• Vaulta Banking Advisory Council: a team of experts will guide the financial strategy of the project.
• Integration with Bitcoin Digital Banking: Vaulta will collaborate with exSat, a platform for digital banking management on Bitcoin.
• Strategic partnerships: Vaulta will work with companies like Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. to offer innovative financial services.

The objective is to build a decentralized, secure, and regulatory-compliant infrastructure for managing digital assets.

Swap EOS-Vaulta: what to do if you are an EOS holder?

Those who own EOS will need to perform a swap to obtain the new Vaulta Token.

How will the transition occur?

• The new token will be automatically available on the exchanges that already support EOS.

• Users will be able to perform the conversion through a swap portal active from May 2025.

• The ticker and the technical specifications of the Vaulta Token will be announced soon.

Will Vaulta be able to regain the trust of the market?

The reactions of the investors are mixed:

Optimists: believe that the rebranding can relaunch the project and bring EOS/Vaulta into the Web3 banking sector.

Skeptics: they fear that it is a desperate attempt to save an outdated blockchain.

The CEO of Goodblock, Douglas Horn, openly criticized the project, calling the EOS ICO “deceptive.” This leaves the question open: Will Vaulta succeed or follow the fate of EOS?

EOS: from the largest ICO in history to a crisis of trust

To understand the value of this transformation, it is useful to revisit the history of EOS.

In 2017-2018, Block.one raised 4.1 billion dollars, an all-time record in the bull crypto world. However, the project never managed to fulfill its initial promises.

Currently, the EOS ecosystem suffers from the following problems: 

Ineffective governance: the on-chain voting system has generated more problems than solutions.

Loss of competitiveness: the emergence of blockchains like Solana, Avalanche, and Polygon has put EOS in the background.

Lack of development: after the SEC fine, Block.one reduced support for EOS, leaving the project without a clear direction.

With Vaulta, the team hopes to erase the past and start from scratch.

Conclusions: Will Vaulta be the definitive relaunch of EOS?

The transition from EOS to Vaulta represents one of the boldest moves in the blockchain sector in 2025. The project has high ambitions, but success will depend on several key factors:

Transparency: Vaulta will need to demonstrate that it is a serious and reliable project, after the mistakes of the past.

Technical execution: the transition from the EOS token to Vaulta Token must occur without issues.

Community support: without active developers and users, Vaulta risks remaining just a rebranding without a future.

Only time will tell if this transformation will be the new beginning of a fallen giant or just another chapter in the history of EOS.

Will Vaulta manage to return to the top of the bull and bear crypto market?