Skip to content

We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

TRENDS IN CRYPTOS

VOLT CAPITAL RAISES NEW $50-MILLION FUND

May 31, 2022May 31, 2022

San Francisco-based Volt Capital, a venture capital firm devoted to the world of digital assets, has raised a second fund, this one holding $50 million to be deployed as seed money for early-stage crypto enterprises. 

The new fund is five times larger than the company’s initial pool. 

Investors in the new fund include private equity firms Brevan Howard and Tiger Global Management; Albert Wenger, managing partner of Union Square Ventures; and Chris Dixon and Marc Andreesen, general partners in theAndreesen Horowitz venture capital firm. 

Volt raised the bulk of the new fund in six weeks, the Wall Street Journal reported, compared to six months for its first one.  

The new sack of money is one of many announced since crypto as an investment class tanked earlier this month. 

“We strongly believe now’s the time to be doubling down, amid the market carnage,” Volt co-founder Soona Amhaz told the WSJ.  

We reported on the recent spate of new crypto funds in “Sequoia Capital Devotes Up to $600 Million to Crypto” (22 Feb, 2022) and “Barclays, Goldman Back New Crypto Fund” (24 May 2022). 

en en