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Project update
fomo Raises $75M in Series B to Expand On-Chain Trading

fomo Raises $75M in Series B to Expand On-Chain Trading

fomo has secured $75 million in Series B funding led by Index Ventures, with participation from Union Square Ventures and Benchmark.


The platform aims to make on-chain trading accessible to mainstream users by eliminating common crypto barriers such as bridges, gas fees, and complex wallet setups. Users can sign up with Apple ID or email and trade assets across multiple blockchains through a unified experience.


Since launching a year ago, fomo has attracted over 625,000 users, processed more than $4 billion in trading volume, and generated over 110 million social interactions. The platform also onboarded 68,000 first-time crypto buyers, who purchased a combined $25 million in crypto via Apple Pay.