EOS: Vaulta will focus on wealth management, consumer payments, portfolio management, and insurance

ChainCatcher message, EOS Network announced on social media that Vaulta is a Web3 banking network aimed at bridging the gap between traditional banking and decentralized digital assets. Vaulta focuses on four core areas to bring real value to institutions and consumers: wealth management, consumer payments, portfolio management, and insurance.

Previously, EOS Network announced it would be rebranded as Vaulta, shifting its focus to Web3 banking services. This transformation is accompanied by a token swap expected to be arranged by the end of May.