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Crypto Trading Platform Fomo Acquires Mobula as Daily Volume Nears $250M

Crypto Trading Platform Fomo Acquires Mobula as Daily Volume Nears $250M

Crypto Trading Platform Fomo Acquires Mobula as Daily Volume Nears $250M
Crypto Trading Platform Fomo Acquires Mobula as Daily Volume Nears $250M — Source: CoinGape
  • Fomo has acquired Mobula’s technology and intellectual property in a reported $17M deal.

  • The acquisition comes just over two months after Fomo raised $75M in Series B funding.

  • Fomo has expanded beyond its mobile app with a Web platform and perpetual futures trading.

dydx executives founded Crypto trading platform Fomo has announced a major acquisition. It has acquired Mobula’s technology and team as it scales its spot trading business.

Fomo announced the acquisition in a LinkedIn post, saying the deal will allow it to own and improve “critical infrastructure” as the platform continues to…

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