Novig said it has installed Eventus’s Validus platform as the trade-surveillance system for its new exchange, framing monitoring as core infrastructure for market trust and liquidity.
The deployment follows Novig’s recent CFTC designation as a Designated Contract Market, which clears it to operate as a federally regulated prediction market under a single nationwide framework this summer.
Eventus will provide the surveillance backbone as Novig scales beyond its current sports-focused business, giving the exchange an institutional-grade compliance setup from launch.
The move lands as the U.S. prediction-market sector faces rapid expansion and heavier scrutiny, with state legal fights, SEC review of novel funds and new exchange-style products all advancing.