👮 Sports-focused #prediction market Novig announced the completion of a $75 million Series B round, led by Pantera Capital, valuing the company at $500 million. Co-founder Jacob Fortinsky stated that Novig uses a peer-to-peer model, where users do not bet against a house, offering theoretically higher odds. The #platform charges no fees for retail traders and collects fees from institutions. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
👮 Sports-focused #prediction market Novig announced the completion of a $75 million Series B round, led by Pantera Capital, valuing the company at $500 million. Co-founder Jacob Fortinsky stated that Novig uses a peer-to-peer model, where users do not bet against a house, offering theoretically higher odds. The #platform charges no fees for retail traders and collects fees from institutions. #crypto