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. https://t.co/QxKzyxSRhK ...