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Analysis
AddedJun 22, 2026
UpdatedJun 22, 2026
fomo

fomo

Series B

A social-first crypto trading platform for swapping memecoins and altcoins across blockchains with integrated social features.

HQ
New York, NY, US
Founded
2025
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Contents

  1. 01Products & Services
  2. 02Market Outlook
  3. 03Competitive Strengths
  1. 01Products & Services
  2. 02Market Outlook
  3. 03Competitive Strengths

Product Overview

Fomo combines cryptocurrency trading with social features to create a platform where users can swap memecoins, altcoins, and stablecoins across multiple blockchains while following and copying top traders. The platform integrates leaderboards, real-time trader feeds, and copy-trading functionality.

It supports gasless multichain transactions, Apple Pay funding, and cross-device trading so users can start a position on mobile and exit on desktop.

Market Outlook

Fomo has raised $92 million in total funding across two rounds. Its $17 million Series A in November 2025 was led by Benchmark with Archetype, Coinbase Ventures, Sound Ventures, and approximately 140 angel investors.

Its $75 million Series B in June 2026 was led by Index Ventures with participation from Union Square Ventures and others, valuing the company at $550 million. The backing from top-tier venture firms signals strong investor confidence in the social crypto trading category.

Competitive Advantages

Fomo's competitive advantages include its social-first approach to crypto trading, which combines swap execution with trader discovery, leaderboards, and copy-trading. The platform supports gasless multichain transactions without requiring bridging, lowering friction for cross-chain swaps.

Apple Pay integration enables fiat-to-crypto onboarding, and the app has attracted over 500,000 traders with daily volumes reaching $40 million. The platform's emphasis on memecoins and viral tokens also targets a fast-growing market segment.