PANews reported on November 6th that, according to TechCrunch, cryptocurrency trading app Fomo has completed a $17 million Series A funding round, led by Benchmark, bringing its total funding to $19 million. The project attracted 140 industry leaders as angel investors through a unique strategy, including Polygon Labs CEO Marc Boiron, Solana co-founder Raj Gokal, and former Coinbase CTO and angel investor Balaji Srinivasan.

Fomo, launched in May of this year, enables quick account opening and trading through Apple Pay integration. The platform supports cross-chain trading of millions of crypto assets, charges a 0.5% transaction fee and waives gas fees, while also featuring built-in social functions that allow users to track other people's trading strategies.