Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
Two established traders are feeling crypto FOMO. Index and Union Square Ventures have backed the crypto startup Fomo, named after the acronym for “fear of missing out,” the corporate introduced on Monday. Index Ventures led the $75 million Series B fundraise, which valued Fomo at $550 million. Other contributors embody Zygna cofounder Mark Pincus, Discord…