Aug 26, 2026 · 17 min · 17 segments
With Fomo posting all-time high fees in August and with roughly 100,000 daily traders, co-founder Se Yong Park joins CoinDesk Contributor Kate Irwin on Markets Outlook to unpack the…
Se Yong ParkGuest
Kate IrwinHost
There is this narrative for a lot of folks that crypto has been in this institutional era for perhaps some years now.
As one of the founders of a very consumer-focused trading app, what is your perspective on where the consumer piece fits in? Are we seeing a consumer renaissance? Is FOMO just an outlier in a broader institutional dominated, uh, digital asset market? What's kind of your perspective on the, the nature and that, and that balance between the consumer and institutional, and like where FOMO fits in?
I think the way to think about all the institutional adoption is that it is at the end of the day for the consumer to some extent, right? And I think the way that institutional adoption is gonna be looked at is, how can you actually touch more consumers and, you know, give access to better technology without them actually realizing? And I think that's a core principle that we share too, where people trade on, on the blockchain or across many blockchains on FOMO.
But if you're a normal user who just wants to trade a token, you shouldn't have to know, oh, I'm interacting with crypto or this is happening behind the scenes or, you know, these are things that, you know, FOMO has abstracted away from me.
The best consumer a- products actually allow you to kind of do the thing you want to do without having to care for these things or think about them.
And I ultimately think like consumers will benefit from all the institutional adoption, and they'll also be the ones that actually are driving most of the activity, uh, you know, moving forward on, on chains like Arc and Tempo and all these institutional chains that are popping up.
There is this narrative for a lot of folks that crypto has been in this institutional era for perhaps some years now.
As one of the founders of a very consumer-focused trading app, what is your perspective on where the consumer piece fits in? Are we seeing a consumer renaissance? Is FOMO just an outlier in a broader institutional dominated, uh, digital asset market? What's kind of your perspective on the, the nature and that, and that balance between the consumer and institutional, and like where FOMO fits in?
I think the way to think about all the institutional adoption is that it is at the end of the day for the consumer to some extent, right? And I think the way that institutional adoption is gonna be looked at is, how can you actually touch more consumers and, you know, give access to better technology without them actually realizing? And I think that's a core principle that we share too, where people trade on, on the blockchain or across many blockchains on FOMO.
But if you're a normal user who just wants to trade a token, you shouldn't have to know, oh, I'm interacting with crypto or this is happening behind the scenes or, you know, these are things that, you know, FOMO has abstracted away from me.
The best consumer a- products actually allow you to kind of do the thing you want to do without having to care for these things or think about them.
And I ultimately think like consumers will benefit from all the institutional adoption, and they'll also be the ones that actually are driving most of the activity, uh, you know, moving forward on, on chains like Arc and Tempo and all these institutional chains that are popping up.
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