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BTCC / BTCC Square / Global Cryptocurrency /
Novig Secures $75M Series B to Expand Sports Prediction Market Platform

Novig Secures $75M Series B to Expand Sports Prediction Market Platform

Author:
Global Cryptocurrency
Published:
2026-02-18 14:29:02
10
3
BTCCSquare news:

Novig, the fastest-growing sports trading platform in the U.S., has closed a $75 million Series B round led by Pantera Capital. The funding round included participation from Multicoin Capital, Makers Fund, Edge Equity, and existing investors Forerunner, Perceptive Ventures, and NFX. Total capital raised now exceeds $105 million.

The platform reported a 10x surge in trading volume during 2025, with annualized volume surpassing $4 billion. Novig operates a peer-to-peer, commission-free exchange using an order-book model to deliver market-driven odds. Unlike traditional sportsbooks, the platform is designed specifically for sports traders, emphasizing transparency and fairness.

New funding will accelerate product development, including expanded markets, deeper liquidity, and advanced trading tools. Novig has applied for a DCM license to operate in all 50 states, signaling ambitions to dominate the U.S. sports prediction market.

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