FOMO Reaches $550M Valuation with $75M Series B; ANTFUN Closes $5M Strategic Round on June 23

According to BlockBeats, on June 23, crypto trading applications FOMO and ANTFUN completed strategic funding rounds, signaling a shift in decentralized social platforms toward transaction-centric networks.

FOMO, a U.S.-based trading app, closed a $75 million Series B led by Index Ventures and Union Square Ventures, reaching a valuation of approximately $550 million. This follows the company's $17 million Series A round led by Benchmark in 2025 and its $2 million seed funding. ANTFUN, an Asia-focused social trading wallet, completed a $5 million strategic round through AntFun Token with backing from Folkman Venture and mimStream.