Crypto Social-Trading Platform Fomo Raises $75 Million at $550 Million Valuation

Fomo is a crypto startup focused on social trading and token discovery, allowing users to find and trade assets across multiple blockchains without managing cross-chain processes themselves. Its business model combines social information with on-chain trading, reflecting a broader shift in crypto products toward simpler user experiences and integrated multichain liquidity.

Fomo raised $75 million in a Series B funding round led by Index Ventures in 2026, reaching a post-money valuation of $550 million. The deal shows that venture capital firms continue to back platforms built around cross-chain capabilities and social trading despite the crypto market's cyclical swings.