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    Emil Lazarian
  • 4 years ago
    • Categories: 2022

Armenian-founded startup Voltz raises $6m in seed round

Public Radio of Armenia
Jan 21 2022
, 16:21
 1 minute read

The Armenian-founded crypto startup, Voltz Protocol, has just raised $6 million in its Seed round after successfully completing its pre-seed funding around with Entrepreneur First, Europe’s leading accelerator.

At its seed round it has been funded by leading Crypto funds including Framework Ventures and Coinbase Ventures.

Voltz is a decentralized Interest Rate Swap that’s up to 3,000x more capital efficient than alternative models and is the first to bring synthetic interest rate SAWPs to Decentralised Finance.

The London-based startup is co-founded by Artur Begyan, an Armenian from Russia who has recently graduated from the Statistics Department at the University of Oxford. At only 23, Artur has already had experience as an Economic Researcher at the Central Bank of Armenia, a Machine Learning Scientist at Amazon and a Quant at Bank of America.

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS