Volta is a company that is transforming the digital asset industry with the introduction of Volta Circuit, a multi-signature, non-custodial platform that has secured $4.1 million in seed funding from Fika Ventures, and Haven Ventures, along with support from Soma Capital, Dispersion Capital, and Uphonest Capital. The platform has set a benchmark as the new standard for smart wallet infrastructure, offering the fastest, easiest, and most secure solution for self-custody.
With blockchains and cryptocurrencies, firms have historically been forced to compromise between scalability, security, and performance. However, advancements and innovations within blockchain technology now render these compromises unnecessary. Volta Circuit has also unveiled a comprehensive platform that offers a sophisticated smart contract multi-signature wallet solution. This solution integrates governance, rules, and policy controls that are directly enforced on-chain.
This architecture enables users to expand their operations securely using a multi-signature wallet that supports authorized, single-signature transactions. And traders can execute and sign transactions in microseconds, eliminating traditional delays while ensuring complete control and ownership of their assets without needing third-party key management.
Volta Circuit also embraces open signature standards, rendering the platform wallet-agnostic. And this feature allows any wallet to integrate rules and permission controls, offering users the flexibility to tailor their wallet solutions according to their preferences.
Volta was co-founded by George Melika and Daniel Kim, who have a combined 40+ years of experience in software development for fintech, cryptocurrency platforms, and blockchain. Melika previously co-founded sFOX as CTO, and Kim led the growth of Maple Finance.
KEY QUOTES:
“Volta Circuit is the new standard for a straightforward and safe way to work with digital assets. We’re solving the key problems faced by investors by ensuring security, speed, and full ownership. Volta Circuit is the only solution that gives institutions direct control of a fast, secure, scalable, and customizable infrastructure to build and scale digital asset businesses and trading operations without the limitations or costs of a centralized platform.”
– George Melika, co-founder and CEO of Volta
“We strongly believe that Volta is an emerging leader in the next wave of decentralized finance as investors seek out a safer and more accessible option to manage their digital assets. Volta’s technology is unique in that it provides institutional investors with secure access without compromising the flexibility needed to meet their existing infrastructure needs.”
– Gabriella Brignardello of Fika Ventures
“The finance industry is undergoing a paradigm shift towards digitizing real-world assets and adopting distributed architectures, prompting traditional institutions to seek greater control over their assets. Volta Circuit’s multi-signature smart contract wallet addresses this need and is poised to become the new standard for financial institutions. At some point ‘digital assets’ will just be called ‘assets,’ and Volta will be the standard by which those institutions protect them.”
– McLain Southworth, co-founder and managing partner of Haven Ventures
