Fomo Is Leading the Charge for Social Trading's Next Wave
Fomo just raised a major funding round to take its social trading vision to the next level. Opportunities and challenges await.
This week, trading app Fomo announced its close of a $75 million Series B, an outlier in a funding market where rounds that size have gone quiet.
Most raises are not pulling nine figures right now, and the ones that are tend to sell institutional infrastructure, not a trading app built for normal people. So the round is worth taking note of.
It only makes sense once you see what Fomo actually is: the latest, and so far the most successful, product in a long evolution of social trading.
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in
David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
