EOS Network Rebrands To Vaulta To Focus On Web3 Banking, Will Launch New Token
The EOS Network that launched during the 2018 initial coin offering boom has rebranded to Vaulta as part of its pivot to focus on Web3 banking. In a March 18 statement , the company said that the switch to Valuta is scheduled for the end of May. The rebranding will include a new token. An advisory group known as the Vaulta Banking Advisory Council will also be established to help the firm move in its new direction. EOS Token To Transition To The Vaulta Token In another statement , the company said that the network’s native EOS token will transition to the Vaulta Token. Although the new crypto’s ticker details and technical details will only be disclosed at a later date, the team did say that the new token will be available on the nearly 140 exchanges where EOS currently trades. Investors will be able to exchange their EOS tokens for the new Vaulta Token through a swap portal that will be made available in May. A New Era of Finance Begins. After years of buildi...