Cross-chain trading app Fomo has raised $17M in a Series A round led by Benchmark, bringing its total funding to $19M.
> Fomo enables users to trade across multiple blockchains using a single balance and without bridges or gas fees.
> Fomo has already processed nearly $700M in trading volume and onboarded over 120,000 users during its six-month beta.
> Fomo charges a 0.5% trading fee, with a $0.95 minimum on Solana and no minimum on low-cost networks like Base and BNB Chain.
> The startup aims to simplify the fragmented crypto experience by unifying liquidity and user access across chains.
> Angel investors in the round include Pudgy Penguins CEO Lucas Netz and MoonPay CEO Ivan Soto-Wright.
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