Over the years, the blockchain industry has experienced ups and downs, with countless projects either shining briefly or disappearing. In terms of both glory and controversy, EOS undoubtedly holds a place in the rankings. This public chain, once hailed as a "king project" for raising $4.2 billion in a single year, once attracted global attention and expectations.

However, the blockchain industry is not static. With market evolution and shifting preferences, EOS's development gradually lost momentum, exposing numerous issues, including lagging community governance and ecosystem development. In the new development cycle, EOS has become more of a subject of after-dinner jokes rather than the innovative leader it once was.

To shed its past baggage and reshape its image, the EOS team announced a rebranding to Vaulta. This name change is not just about shaking off negative perceptions and rebuilding market confidence but also a proactive move to break through past development bottlenecks. Vaulta will no longer position itself as a high-performance public chain but will focus on building a "Web3 Banking Operating System" for financial institutions and compliant users.

EOS Reconstructs a New Generation of Financial Infrastructure: Vaulta

Behind EOS's rebranding lies a precise grasp of industry trends. In the past, blockchain competition often centered on technical dimensions like TPS and consensus mechanism optimization. However, with the rise of stablecoins, the application of RWA, explosive growth in cross-border payment demand, and regulatory improvements, the industry is destined for a new inflection point, gradually giving way to more practical financial infrastructure development. Blockchain infrastructure will also be used to support the ecosystem emerging from the spillover of financial systems.

According to a Grand View Research report, since 2020, the global cryptocurrency user base has grown at a compound annual growth rate of 34%, with the 18-34 age group dominating. This generation's acceptance of financial digitization far exceeds that of traditional groups. Additionally, by 2028, cross-border stablecoin payments are expected to account for nearly 73% of the total value of global stablecoin transactions. With this trend, the shortcomings of traditional payment systems have become increasingly apparent. The global average remittance fee is about 6.65%, while blockchain technology reduces this to less than 0.1%, compressing settlement times from days to seconds, greatly enhancing the efficiency of global capital flows.

Vaulta emerged against this backdrop of industry evolution, inheriting EOS's deep expertise in high-performance blockchain technology while incorporating systematic thinking on financial compliance, system sustainability, and real-world applications. The name Vaulta is derived from the English word "Vault," symbolizing security and trust in the DeFi world. Vaulta's emergence is not just a rebranding but a systemic reconstruction starting from the underlying architecture.

First, Vaulta introduced a new token system with a halving mechanism and multiple project funds to enhance long-term sustainability and governance. Second, while retaining the high-performance DPoS architecture, Vaulta rewrote and expanded key modules to strengthen support for zero downtime and instant transaction finality.

By optimizing consensus mechanisms and node synchronization strategies, Vaulta ensures stable system operation even during peak network loads or node failures. Transactions can be confirmed without waiting for multiple blocks, enabling efficient execution in financial-grade applications like payments and settlements. Its banking operating system introduces modular account systems, multi-chain interoperability standards (IBC), and multi-environment compatibility layers, supporting developers in building both EVM and non-EVM on-chain banking applications. To ensure asset security and meet enterprise-level custody needs, Vaulta has also partnered with compliant custodians like Ceffu and Tetra Trust.

Moreover, Vaulta's banking operating system includes account management, permission controls, and auditing functions essential for traditional financial systems, further ensuring efficient network operation and traceability of on-chain assets.

EOS's rebranding is not just a continuation of "a more performant blockchain" but a deep reflection on "how to build the next generation of financial infrastructure."

Globalization and Ecosystem Implementation

Perhaps learning from the EOS era, the Vaulta team has accelerated global expansion and business implementation through partnerships since the rebranding.

As a key component of the Vaulta ecosystem, the Bitcoin-centric digital banking platform exSat Bank launched alongside Vaulta's rebranding. exSat Bank aims to break down barriers between traditional and crypto finance by integrating asset management, payments, trading, and risk control into a unified on-chain banking operating system. Users can store assets, earn yields, transfer, and pay—all with a single account.

Among its partnerships, the most notable is the strategic agreement with World Liberty Financial (WLFI), backed by the Trump family. In May 2025, WLFI purchased $6 million worth of Vaulta tokens and announced a long-term collaboration. WLFI will integrate its USD1 stablecoin into the Vaulta network, jointly promoting the compliant development of Web3 finance globally.

Meanwhile, Vaulta announced a strategic partnership with Fosun Wealth Holdings, a subsidiary of China's Fosun Group, to provide blockchain financial infrastructure for Hong Kong's financial market. Vaulta will offer its complete Web3 banking operating system, including exSat, to support Fosun's virtual asset business "FinChain" with asset issuance, yield generation, and crypto payments. Fosun will leverage its global licenses and RWA issuance capabilities to enable compliant business scaling. Yves La Rose, founder and CEO of the Vaulta Foundation, stated that this collaboration is a critical validation of Vaulta's global Web3 banking vision.

In the crypto-native ecosystem, Vaulta has partnered with leading platforms like Ultra, a decentralized gaming platform built on EOS technology. Vaulta will provide underlying payment and digital asset custody services, combining its high-throughput, low-latency network with Ultra's large user base to create a new gaming platform supporting cross-game asset transfers, NFT financialization, and on-chain rewards.

In payments, Vaulta and Canadian digital asset platform VirgoCX launched VirgoPay, a cross-border payment solution. VirgoPay is a proof-of-concept (POC) for Vaulta's banking operating system, with the Vaulta network serving as its default settlement layer, offering transaction speed and stability surpassing traditional channels. By combining stablecoins with traditional banking systems, VirgoPay enables near-instant, low-cost global remittances. VirgoCX has already processed over CAD 2.5 billion in transactions, with projected annual transaction volume reaching a record CAD 3.5 billion in 2025. VirgoPay's initial phase will cover major markets like the US, Hong Kong, Canada, Brazil, and Australia, with future expansion into Southeast Asia, the Middle East, and other emerging regions, targeting the trillion-dollar global remittance market.

Substantial Progress in Web3 Banking

Since the rebranding narrative began, the ecosystem has seen significant capital inflows, reflected in the strong performance of its token in April. Although the token price entered a consolidation phase after rebranding to $Agilent Tech(A.US), the ecosystem continues to expand.

Currently, Vaulta's TVL stands at $196 million, peaking at $384 million on May 17. exSat, a Bitcoin-based digital bank and service provider, is the network's "killer dApp." Built on Vaulta's mainnet and forked from its EVM architecture, exSat's TVL exceeds $489 million. Combined with Vaulta's TVL, the total network TVL reaches $685 million, placing Vaulta among the top 20 global public chains by TVL.

Within the exSat ecosystem, exSat Bank is its core financial services platform, offering institutional and individual users banking-grade services like digital asset deposits/loans, cross-chain settlements, stablecoin issuance, and asset custody. Vaulta's banking operating system provides modular functions for existing banking infrastructure, including on-chain asset management, cross-border clearing, and compliance auditing.

Additionally, developer activity on the Vaulta network has surged, reaching a yearly high.

On the Eve of Blockchain Infrastructure Explosion

In summary, Vaulta evolved from EOS, no longer content to exist as just a high-performance public chain but positioning itself as a builder of next-generation Web3 financial infrastructure. This transformation reflects a rethinking and proactive response to the logic of global financial systems.

Vaulta's "Web3 Banking" model is not a simple on-chain version of traditional banking services but a structural reimagining that integrates the openness of on-chain finance with the compliance, account systems, and trust mechanisms of traditional finance into a globally deployable infrastructure. This fusion challenges traditional banks' dominance in cross-border payments and asset management while offering blockchain a new path to mainstream adoption.

More importantly, Vaulta is not just theorizing but actively implementing its vision, learning from past failures. Its deep collaborations with institutions like Fosun Wealth and WLFI signify traditional finance's recognition of Vaulta's blockchain solutions, particularly in reducing cross-border payment costs and expanding asset management boundaries. WLFI's strategic investment is a bet on this new financial infrastructure model. These partnerships expand Vaulta's real-world applications and provide crucial support for global compliance.

Of course, Vaulta faces significant challenges. Despite the rebranding, market memories of EOS linger, and it remains unclear whether users can fully move past old sentiments. Meanwhile, the Web3 banking vision must navigate increasingly complex global regulations, balancing innovation and compliance.

Vaulta's emergence does not mean the blockchain industry has found its final answer. On the contrary, if Vaulta succeeds, it could signal the start of blockchain infrastructure's explosive growth. Regardless of the outcome, Vaulta has become a key case study in how blockchain can reshape global finance, and its progress deserves ongoing industry attention.