Fomo (platform)
From Wikipedia, the free encyclopedia
Fomo (founded in 2025) is a mobile-first crypto trading platform that allows people to trade across different blockchains using a single interface. Fomo makes cross-chain trading easier by allowing users to maintain a single balance across multiple blockchain networks without using bridges or paying gas fees.
History
Fomo was launched in May 2025 by Paul Erlanger and Se Yong Park. The founders drew up a list of about 200 potential angel investors from the crypto and tech industries. About 140 angel investors contributed to the early funding rounds. Including Raj Gokal from Solana, Marc Boiron of Polygon Labs, and Balaji Srinivasan, former CTO at Coinbase.[1][2]
In November 2025, Fomo raised $17 million in a Series A, led by Benchmark. By the end of 2025, Fomo had raised $19 million in funding.[3][4]
Product, services and features
Fomo is built for cross-chain trading and provides users with a single, unified account view. The trading platform lets users trade across multiple blockchain networks without having to move their assets from one to another. In June 2025, Fomo added Apple Pay.[5]
The platform also offers social trading capabilities that allow users to view publicly visible trades, monitor other traders, and participate in leaderboards.[6]
In its first six months, Fomo brought in over 120,000 users. By the end of 2025, the platform had trading volume of between $20 million and $40 million, with daily revenues around $150,000.[7]