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Fomo raises $75M at $550M valuation

Fomo raises $75M at $550M valuation

  • Fomo raised US$75 million in a Series B funding round led by Index Ventures, valuing the company at US$550 million.
  • The social trading platform said it has attracted more than 625,000 traders and generated US$4 billion in trading volume.
  • The funding adds to continued venture capital investment in crypto startups during 2026.

Fomo, a social trading and token discovery platform, raised US$75 million in a Series B funding round led by Index Ventures that valued the company at US$550 million.

The funding round included participation from Union Square Ventures, Benchmark and several angel investors as crypto venture funding activity continued through 2026.

“More than 68,000 users made their first cryptocurrency purchase on the platform using…

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