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Crypto Trading Company Fomo Completes $75 Million Series B Financing at $550 Million Valuation

On June 22, crypto trading startup Fomo announced the completion of a $75 million Series B financing 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, bringing the company's valuation to $550 million. Fomo was founded in 2025 by former dYdX team members Paul Erlanger, Se Yong Park, and Prashan Dharmasena.

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