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The founders of fomo, a consumer crypto trading app that launched in may, took an unusual route to raising capital. The fundraising also attracted participation from archetype and coinbase ventures, alongside angel investors from boolean ai, 20vc, and suno, among others Fomo said it has “processed nearly $700 million in volume” and onboarded more than 120,000 users during its beta

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While crypto infrastructure has consistently improved, user experience. Rather than pursuing a traditional seed round, the founders took an unconventional route to raise. At fomo, we’re building a trading app for the rest of us

To accelerate our mission, we closed a $17 million series a led by benchmark, bringing our total funding to $19 million.

As per techcrunch, the cryptocurrency trading app fomo has successfully completed a series a funding round of $17 million, with benchmark taking the lead This brings the total funding to $19 million Consumer crypto trading app fomo, founded by paul erlanger and se yong park, has raised a $17 million series a led by benchmark, bringing its total funding to $19 million