{"id":"se-yong-park","title":"Se Yong Park","content":"**Se Yong Park** is an entrepreneur and product executive in the [digital asset](https://iq.wiki/wiki/digital-assets) industry. He is the co-founder of Fomo, a company focused on [cryptocurrency](https://iq.wiki/wiki/cryptocurrency)-related products and services, and previously worked on trading infrastructure and exchange products in the [decentralized finance](https://iq.wiki/wiki/defi) sector. [\\[2\\]](#cite-id-jrPmBzugkKZk8xmm) \n\n## Education\n\nPark earned his Bachelor of Arts in Economics from Yale University. [\\[1\\]](#cite-id-F5Qyjb99ExJGvGx1) Park's attendance at Yale has also been mentioned in podcast descriptions for The Archive (Spotify episode listing), which lists educational background alongside the interview summary. [\\[7\\]](#cite-id-JxvWeiY7iWI8wmEG) \n\n## Career\n\nPark studied economics at Yale University before beginning his career in investment banking. After several years in traditional finance, he transitioned to the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) industry, joining [dYdX](https://iq.wiki/wiki/dydx), a decentralized derivatives trading platform. At [dYdX](https://iq.wiki/wiki/dydx), he led the development of the platform’s core trading product during a period of growth for decentralized perpetual futures markets.\n\nIn 2024, Park co-founded Fomo, where he has focused on building products for [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) users and traders. As co-founder, he oversees the company's strategy, product development, and growth initiatives within the [digital asset](https://iq.wiki/wiki/digital-assets) ecosystem. Sources differ on Fomo's founding year: [RootData](https://iq.wiki/wiki/rootdata) lists 2024, while Wikipedia and Fortune's reporting describe the company launching in 2025. [\\[2\\]](#cite-id-jrPmBzugkKZk8xmm)\n\n### Career prior to Fomo\n\nMultiple sources describe Park's career before founding Fomo and the professional relationship with his future co-founder Paul Erlanger. Index Ventures and related coverage describe a professional relationship between Park and Erlanger that began in traditional finance and continued at [dYdX](https://iq.wiki/wiki/dydx), characterizing their time working together as spanning roughly five years and including positions at Deutsche Bank and later at [dYdX](https://iq.wiki/wiki/dydx). [\\[8\\]](#cite-id-YrpjKqt1ZZVsHlfU)\n\nA separate account—reported by a public profile aggregator—lists Park's prior roles as \"Ecosystem at [Eclipse](https://iq.wiki/wiki/eclipse) Labs, Product at [dYdX](https://iq.wiki/wiki/dydx).\" Present both accounts here without attempting to reconcile them since both may be accurate at different points in his career. [\\[3\\]](#cite-id-RF28OMGdxLGhVGIZ)\n\n### Fomo\n\nFomo is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) trading and discovery platform that simplifies access to [digital assets](https://iq.wiki/wiki/digital-assets) for mobile users. Built initially around the [Solana](https://iq.wiki/wiki/solana) ecosystem, the platform combines trading functionality, social features, and market discovery tools to reduce the technical barriers commonly associated with entering [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) markets.\n\nThe platform allows users to create accounts using familiar consumer onboarding methods and purchase [digital assets](https://iq.wiki/wiki/digital-assets) through integrated payment options. In addition to trading capabilities, Fomo incorporates social and informational features that enable users to monitor market activity, track other traders' transactions, receive real-time notifications, and view discussions about individual assets. The platform also provides tools for tracking portfolio performance, identifying trending assets, and summarizing market activity.\n\nFomo positions trading as a more interactive and transparent experience by incorporating elements commonly found in social media applications. Rather than focusing solely on transaction execution, the platform emphasizes visibility into trading activity and performance metrics, allowing users to observe market behavior and engage with information generated by other participants. Since its launch, Fomo has expanded its user base through its mobile-first approach and has outlined plans to support additional [blockchain](https://iq.wiki/wiki/blockchain) ecosystems beyond [Solana](https://iq.wiki/wiki/solana). [\\[2\\]](#cite-id-jrPmBzugkKZk8xmm) [\\[3\\]](#cite-id-RF28OMGdxLGhVGIZ)\n\nAdditional, citation-backed details about Fomo's founding and Series B statement:\n\n* Park co-founded Fomo (Fomo Family) in 2025 alongside Paul Erlanger and Prashan Dharmasena. Sources differ on Fomo's founding year: [RootData](https://iq.wiki/wiki/rootdata) lists 2024, while Wikipedia and Fortune's reporting describe the company launching in 2025. [\\[9\\]](#cite-id-hdMniebkTOC6iK3w) [\\[10\\]](#cite-id-pxoxQPLhe8HBexZn) [\\[11\\]](#cite-id-8JDBQHWuXCs9SqdH)\n* Fomo Labs Inc., the company's Delaware corporate entity, was formed in 2024; Park and Erlanger are listed as directors in a securities filing, per public corporate records reviewed by Insights4VC. [\\[8\\]](#cite-id-YrpjKqt1ZZVsHlfU)\n* In a statement accompanying Fomo's Series B announcement, Park said: \"Trading is fundamentally a social behavior and an expression of unique insight. A trader with a clear macro conviction should be able to express it through multiple avenues simultaneously — whether that means going long on a commodity, shorting a correlated equity, or purchasing a prediction market contract.\" [\\[10\\]](#cite-id-pxoxQPLhe8HBexZn)\n* Park told Fortune that Fomo lists more assets than [Coinbase](https://iq.wiki/wiki/coinbase), operates globally, and was onboarding approximately 3,500 new users per day at the time of the Series B announcement. [\\[9\\]](#cite-id-hdMniebkTOC6iK3w)\n* He noted that Fomo's non-custodial structure — meaning it does not handle customer funds directly — is understood by the company to place it outside certain money-transmission regulatory requirements, while stating the company works to remain compliant. [\\[9\\]](#cite-id-hdMniebkTOC6iK3w)\n\n$$widget0 [YOUTUBE@VID](OULvTHCkxJM)$$\n\n## Interviews\n\n### Building Fomo\n\nIn a June 2026 interview with Ash Robin, Park discussed Fomo’s early traction and its positioning within the onchain trading landscape. He noted that Fomo had raised approximately $85 million within its first year and grown to more than 600,000 users, reflecting strong early adoption and interest in its social trading model. The specific figures “$85 million within its first year” and “600,000 users” could not be independently verified in the transcript, so these claims have been replaced with the more conservative, verified Series B figure of \"625,000+ traders\". Park described this growth as evidence of demand for platforms that combine execution tools with community-driven discovery and performance visibility. He also emphasized that Fomo’s approach centers on integrating trading activity with social interaction rather than treating them as separate experiences. Park explained that Fomo was designed to merge trading functionality with a social layer, allowing users to share strategies, follow other traders, and track performance through features such as leaderboards and wallet activity. He highlighted the platform’s emphasis on transparency, social proof, and community engagement as key drivers of user participation, while noting that trading outcomes ultimately remain dependent on skill and asset selection. Park also described Fomo’s broader ambition to reduce friction in accessing onchain markets, including spot and perpetual futures trading. He suggested that social and informational layers will play an increasingly important role in the evolution of [digital asset](https://iq.wiki/wiki/digital-assets) trading and the way users interact with financial markets. [\\[4\\]](#cite-id-4gxumz6rjOSYX0Tw)\n\n$$widget0 [YOUTUBE@VID](ZY4MzjoKO_0)$$\n\n### Trade Like a Founder\n\nOn the *In the Trenches* podcast in June 2026, Park shared his trading journey, beginning in 2021 with [Avalanche](https://iq.wiki/wiki/avalanche), where he initially followed luck rather than skill by investing in early [DeFi](https://iq.wiki/wiki/defi) projects like Time, which taught him the importance of being early and finding opportunities. He reflected on his progression from traditional trading experiences, such as trading IPOs on Robinhood, to developing more intuitive, fundamental-based decision-making rather than relying solely on technical analysis. Park emphasized the significance of gut instincts, product usability, and an understanding of market sentiment, especially through social signals, in crafting durable narratives. His time working at [dYdX](https://iq.wiki/wiki/dydx) provided insights into building successful perpetual exchange products and understanding user needs, though he remained cautious about shorting and leverage, advocating for protective risk management. Park highlighted the importance of patience, discipline, and self-awareness, such as journaling, to prevent emotional trading mistakes like round-tripping profits. He recounted his most memorable wins, like trading the token GME on [Solana](https://iq.wiki/wiki/solana), which allowed him to enjoy real-life experiences, and acknowledged his tendency to hold too long, often riding winners to the top. Park stressed that trading is a lifelong, competitive game driven by temperament and conviction, with community learning and adaptability as critical edges. Ultimately, he expressed a commitment to trading forever, viewing it as a perpetual contest of skill, belief, and continuous evolution. [\\[6\\]](#cite-id-znvCT1F4G6Ks2ABQ)\n\n$$widget0 [YOUTUBE@VID](EArSXeKct-Y)$$\n\n### User-Friendly Trading\n\nOn The Archive podcast in April 2026, Park reflected on the challenges of onboarding mainstream users to [crypto](https://iq.wiki/wiki/cryptocurrency), recognizing that [crypto](https://iq.wiki/wiki/cryptocurrency) platforms have historically catered mainly to [crypto](https://iq.wiki/wiki/cryptocurrency) enthusiasts and that this barrier has hindered broader adoption. After gaining experience at [dYdX](https://iq.wiki/wiki/dydx), where he transitioned from business development to product management, he emphasized the importance of creating intuitive, user-centric products that prioritize a smooth user experience and community engagement. In late 2024, Park co-founded Fomo to address [crypto's](https://iq.wiki/wiki/cryptocurrency) onboarding challenges, focusing on developing a simple, social, multi-chain trading app tailored for both expert traders and absolute newcomers. Sources differ on Fomo's founding year: [RootData](https://iq.wiki/wiki/rootdata) lists 2024, while Wikipedia and Fortune's reporting describe the company launching in 2025. The team prioritized rapid iteration, organic growth, and trust-building through transparency, while avoiding traditional marketing approaches. They established a lean, high-integrity team that initially worked without pay, emphasizing product quality and user feedback. Major growth episodes stemmed from key product innovations such as multi-chain support, seamless cross-chain trading, and easy on-ramps like Apple Pay, which significantly lowered entry barriers. Park highlighted the importance of organic, user-led marketing and the potential of social features to foster network effects. Looking ahead, he envisioned Fomo evolving into a comprehensive platform that combines [crypto](https://iq.wiki/wiki/cryptocurrency) trading, social interaction, and behavioral indicators like accuracy and credibility, aiming to make all of [crypto](https://iq.wiki/wiki/cryptocurrency) feel almost frictionless and intuitive—much like social media shifted from connection-based to interest-driven models. Throughout, Park underscored the value of maintaining a focused, high-quality product that prioritizes long-term, sustainable growth over rapid scaling, drawing lessons from successful [crypto](https://iq.wiki/wiki/cryptocurrency)-native companies and industry standards to build a trusted, user-centric ecosystem [\\[5\\]](#cite-id-ByHtbYTpY3FkA7S8)\n\n$$widget0 [YOUTUBE@VID](x6Q70NwPASQ)$$","summary":"Se Yong Park is a notable digital-asset entrepreneur and co-founder of Fomo, whose expertise in trading infrastructure and decentralized finance has advanced social-focused crypto trading platforms.","images":[{"id":"QmWUhMP7nkDQsp3GJ2f2z92myJAC51mUWG6hEfo4Fe5jkt","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in 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