Cryptocurrency trading app Fomo completes $17 million Series A funding, led by Benchmark

According to market news, the cryptocurrency trading app Fomo has completed a $17 million Series A funding round, led by Benchmark, bringing the total funding amount to $19 million.

The project has attracted 140 industry leaders as angel investors through a unique strategy, including Marc Boiron, CEO of Polygon Labs, Raj Gokal, co-founder of Solana, and former Coinbase CTO and angel investor Balaji Srinivasan. Fomo was launched in May this year, enabling fast account opening and trading through the integration of Apple Pay. The platform supports cross-chain trading of millions of crypto assets, charges a 0.5% transaction fee, and waives Gas fees, while also incorporating social features that allow users to track others' trading strategies.