Crypto trading app Fomo raises $75 million at $550 million valuation in Index Ventures-led Series B
The Block·
60-second summary
Fomo, a crypto trading app, raises $75 million in a Series B round at a $550 million valuation, led by Index Ventures. USV and other investors participate in the funding. The valuation more than doubles from its previous round, indicating growing interest in crypto trading platforms. The market is seeing increased investment in digital asset trading infrastructure.
Fomo raised a $75 million Series B round at a $550 million valuation led by Index Ventures, with participation from USV and others.