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The EOS network has been officially renamed as Vaurta, a bank banking company aimed at providing a wide range of encryption services, including wealth management, portfolio management and more.
EOS transfer to Crypto Bank Vauulta
The company shared the news in a post on X, stating that โVauta is a banking network for Web3 designed to bridge the gap between traditional banking assets and decentralized digital assets. Vaurta focuses on four main areas: wealth management, consumer payments, portfolio management, and insurance.โ
Vaulta is a Web3 banking network that aims to bridge the gap between traditional banking assets and decentralized digital assets
Vaulta focuses on four basic columns that bring real value to institutions and consumers:
Wealth Management
Consumer payments
Investment portfolio โฆ pic.twitter.com/Eyqbdnso1e
EOS (EOSNETWORKFDN) March 19, 2025
As part of this brand rename, the EOS network plans a symbolic exchange, scheduled at the end of May.
Moreover, Vaulata also launched the VAULTA Bank Consultant Council, a team of financial experts and blocs assigned to renew the gap between traditional banking systems and decentralized financial systems. The Board of Directors includes the Systemic Trust, Tetra and ATB Financial executives.
According to the advertisement, Vaulta will maintain the technical infrastructure of the EOS network, such as the smart nodes structure, decentralized database, and connection between the density. The platform also plans to integrate with Exsat, a digital banking solution focused on Bitcoin.
In addition, Vaulta creates major partnerships with CEFFU, Spirit Blockchain and Blockchain Insurance to increase the expansion of the Web3 bank environmental system.
Also read: More American encryption companies seek bank licenses under Trumpโs rule
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