Voldo was the right-hand man of Italian weapons merchant Vercci, who desired the Soul Edge sword for his collection of rare weapons. Voldo stood as the head of the expeditions in his search, even contracting the services of the feared Spanish Captain Cervantes de Leon, and later accompanied Vercci when he decided to take the search personally. When word came that the Italian Wars broke on Italy and that Vercci's possessions were the first targets, Vercci became angry and moved his fleet, his only remaining possession, to an uninhabited island off the coast of Sicily. After construction of Vercci's vault was completed, Voldo was instructed to slay the sailors that helped in the construction, to avoid the location of Vercci's Money Pit being revealed. Voldo would remain sealed underground, becoming blind and insane in the process.
Voldo and Oro tied in the opening round, eliminating them both.
In the first round, Voldo was defeated by Wonder Woman.