Wire · technology
Fomo Acquires Mobula Technology to Bring Critical On-chain Infrastructure In-House
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Fusion42 · 31 August 2026 · Fusion42 review
Fomo acquired proprietary software and intellectual property from Mobula Technology to bring critical on-chain data aggregation and infrastructure in-house, supporting its rapid user and trading volume growth. This strategic move addresses the need for greater control over on-chain data systems as fomo scales beyond 1.9 million users and $2.8 billion in monthly trading volume.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
◆ ◆ The Wire takeaway
You must cut dependence on external data providers as user growth tripled trading volumes; control over on-chain data systems now opens opportunities to optimise costs and reliability. Fomo’s move signals a shift worth tracking if your platform handles large-scale crypto trading data.
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2 sources · 31 Aug 2026
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