EOS Surges Over 16% in 24 Hours, Currently Trading at $0.5812

BlockBeats News, March 19th, according to HTX market data, EOS surged over 16% in the past 24 hours, currently trading at $0.5812.

The EOS Network announced this morning that it will rebrand as Vaulta, with a focus on Web3 banking services. This transition will be accompanied by a token swap scheduled for the end of May. The launch of the Vaulta Bank Advisory Board was also announced, which is a team composed of experts from the financial and blockchain industries dedicated to bridging the gap between traditional banking and decentralized systems. Advisory board members include executives from Systemic Trust, Tetra, and ATB Financial.