Fomo Raises $75 Million for Consumer Crypto Trading App

Consumer-focused cryptocurrency trading app fomo has raised $75 million in new funding. The company announced its Series B round Monday (June 22), noting that it comes as the company is marking more than $4 billion in trading volume on its year-old platform. Beyond that, fomo said, more than 68,000 users have made their first crypto purchases using the app through Apple Pay, to the tune of $25 million.