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DECRYPT · CRYPTO ·

Morning Minute: Fomo's $75M Raise Shows Big VCs Are Still Betting on Consumer Crypto

As reported by Decrypt
Crypto majors are selling off as big Tech gets routed; Saylor is hoarding cash; and ETH heavyweights team up to fund R&D with ETHLabs.
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Fomo recently secured a significant $75 million funding round, indicating continued venture capital interest in consumer crypto despite broader market headwinds. Meanwhile, major cryptocurrencies are experiencing a sell-off, paralleling the decline in big Tech stocks. Michael…

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