NewsNovo

Fomo Raises $75M Series B at $550M Valuation, Betting Social Trading Has a Price

6/22/2026

Fomo, a social trading and token discovery platform, has closed a $75 million Series B round valuing the company at $550 million.

The raise arrives as crypto venture capital continues to find willing participants in 2026, with investors apparently willing to pay a premium for the idea that retail traders will follow each other into positions the same way they once followed influencers into meme stocks.

What Fomo Actually Sells The platform sits at an intersection that has attracted capital before: social mechanics layered onto token markets.

Token discovery — the process of surfacing new or low-liquidity assets before they attract broader attention — has historically been a product that benefits early entrants most.

Keep reading

Read the full story

Open on NewsNovo