Fomo has raised $75 million in a Series B funding round that values the crypto trading platform at $550 million after attracting more than 625,000 users and generating $4 billion in trading volume within its first year.
Summary
- Fomo raised $75 million in a Series B round led by Index Ventures, reaching a $550 million valuation.
- The social trading platform has attracted 625,000 users, processed $4 billion in volume, and generated 110 million interactions.
- The funding comes amid continued venture activity, with major raises also announced by Digital Asset Holdings and Neura Robotics.
According to a June 22 announcement by Fomo, the round was led by Index Ventures with…
