
Benchmark’s rare crypto bet signals renewed institutional confidence in retail crypto infrastructure and validates Fomo’s super‑app model, which could reshape how consumers discover, trade, and eventually expand into broader asset classes.
Fomo, a consumer crypto trading app launched in May, announced a $17 million Series A round led by Benchmark, bringing its total funding to $19 million. The round, closed in September, includes Benchmark as the sole institutional investor alongside numerous angel backers, positioning Fomo for rapid growth in the crypto market.
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