Dallas Mavericks owner billionaire Mark Cuban adds Polygon to his company’s portfolio
Billionaire investor Cuban invested an undisclosed amount in Polygon, an Indian cryptocurrency startup trying to improve Ethereum’s scalability. Cuban, known for Bitcoin criticism in the past, said earlier this year that BTC was a “better alternative to gold.” He also revealed that his personal crypto portfolio consists of 60% Bitcoin, 30% Ethereum, and the remaining 10% consists of several other minor altcoins.
During this cycle, he became a much more active voice in the cryptocurrency community and frequently participated in various podcasts to explain his interest in the industry.
According to the information obtained, Cuban has now invested in Polygon (MATIC). The billionaire confirmed these allegations in his response to Coindesk and said:
“I was already a Polygon user, then I found myself using it more.”
Cuban is reportedly integrating Polygon into Lazy.com, a project that creates a new online gallery designed to easily view NFT’s in any format. “The best thing we could hear was that Mark Cuban used apps from Polygon.” Sandeep Nailwal, Polygon co-founder, told to The Economic Times. According to Nailwal, this is a “big springboard” for the project as it will help attract more US-based investors.