Novig’s Prediction Market Launch Beat Kalshi’s. Its Legal Fight Is Just Starting
Writer: Tanya Chepkova |
Date: 2026-08-18 20:11:00
This text was initially revealed by FinTech – Finance Magnates | Monetary and enterprise information. The title and a quick excerpt are offered for informational and reference functions. Readers ought to go to the unique writer for the whole article, supporting context, photos, and any subsequent updates.
Novig’s opening week outpaced Kalshi and Polymarket’s personal sports-market debuts, however the extra attention-grabbing query is what number of states let it hold working.
Novig launched nationwide as a federally regulated sports activities prediction market on 4 August, after the CFTC granted its Ludlow Trade LLC subsidiary a Designated Contract Market standing on 16 June.
The platform processed greater than $125 million in notional…
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