Crypto Trading Startup Fomo Raises $75M in Series B Funding at $550M Valuation

DYDX7.52%

According to ChainCatcher, crypto trading startup Fomo has completed a $75 million Series B funding round led by Index Ventures, valuing the company at $550 million. Union Square Ventures, Discord CEO Humam Sakhnini, and Zynga co-founder Mark Pincus participated in the round.

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

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