Cryptocurrency trading startup Fomo completes $75 million Series B funding, led by Index Ventures

According to Fortune, cryptocurrency trading startup Fomo announced the completion of a $75 million Series B funding round, led by Index Ventures, with participation from Union Square Ventures, Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz, among others. The company's valuation has reached $550 million.

Fomo was founded in 2025 by former dYdX team members Paul Erlanger, Se Yong Park, and Prashan Dharmasena.