New York-based sports trading platform Novig has raised US$75 million in a Series B funding round led by crypto investment firm Pantera Capital, and is now looking to expand into sports prediction markets.
Other investments came from gaming investor Makers Fund, investment firm Edge Equity, healthcare investor Perceptive Ventures, and venture capital firms Forerunner, Multicoin Capital and NFX.
The company said the round brought its total funding to more than US$105 million.
Novig reported a 10x increase in trading volume in 2025, with annualized volume exceeding US$4 billion. The platform operates a commission-free, peer-to-peer exchange using an order-book model.
