Fomo has acquired Mobula’s data indexing software and team for $17 million, expanding the on-chain social trading app’s data infrastructure capabilities. The deal was reported by Axios.
CEO Paul Erlanger said traders need timely price, trading, and wallet data to decide whom to follow and what to buy. The acquisition is aimed at strengthening Fomo’s ability to deliver that data to users.
Fomo Acquires Mobula Data Indexing Software and Team for $17 Million
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