Big VCs Back Fomo’s Crypto Trading App With $75M Round

Fomo has landed $75 million in Series B funding led by Index Ventures, putting the crypto trading app’s valuation at $550 million. The New York-based company picked up capital from Union Square Ventures, Benchmark, and angels like Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz. Fomo says it aims to make on-chain trading appeal to the broader market.

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