Novig has pulled in $75 million in fresh funding as it works to grow its sports trading platform and secure a clearer path to federal oversight. The Series B round was led by Pantera Capital, with Multicoin Capital, Makers Fund and Edge Equity joining in. Existing investors Forerunner, Perceptive Ventures and NFX also participated. With this latest raise, the company’s total funding now tops $105 million. The company previously closed an $18 million Series A round , which helped it expand operations and refine its peer-to-peer sports market model. The earlier backing set the stage for the larger push it’s making now. https://twitter.com/Novig/status/2024123231695687910/ Unlike traditional sportsbooks, Novig runs as a commission-free exchange where users trade against one another instead of betting against a house. The company says its order-book system allows odds to shift naturally based on supply and demand, rather than being set by a bookmaker.…