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NYSE:EB 2 December 2025 - 23 June 2026

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

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.
Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

Nasdaq Today (December 2, 2025): Tech Stocks Rebound, Crypto Stabilizes, and AI Bubble Fears Shape 2026 Outlook

After a shaky start to December, the Nasdaq Composite snapped back on Tuesday, December 2, 2025, as heavyweight tech and AI names led a broad rebound and crypto markets steadied. The move came against a backdrop of rising bets on a Federal Reserve rate cut next week and increasingly loud debate over whether AI-fueled valuations are becoming a bubble.