Crypto Trading App Fomo Closes $75M Series B Funding at a Valuation of $550M

Crypto Trading App Fomo Closes $75M Series B Funding at a Valuation of $550M

2026-06-22 18:57View Original

ChainThink news, June 22: According to Fortune, crypto trading startup Fomo has raised $75 million in its Series B round, achieving a valuation of $550 million.

The round was led by Index Ventures, with participation from Union Square Ventures, Mark Pincus, co-founder of Zynga, Humam Sakhnini, CEO of Discord, and Kevin Hartz, co-founder of Eventbrite.

Fomo was founded in 2025 by Paul Erlanger, Se Yong Park, and Prashan Dharmasena, former members of the dYdX team.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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