• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Mark Cuban, a billionaire investor and NBA franchise owner, says he owns a large amount of MATIC


February 15, 2022 · By Muhammad Awwal
Polygon (MATIC)

In a recent interview, billionaire investor and entrepreneur Mark Cuban stated that he has “a lot of” Ethereum ($ETH) and Polygon ($MATIC).

Cuban is the primary owner of the Dallas Mavericks professional basketball team and one of the “sharks” on the popular reality show “Shark Tank” (which is aired on the ABC television network). 

Cuban stated in an interview in The North American Bitcoin Conference with Crypto Banter that while Bitcoin is a “great store of value,” he has significant investments in Ethereum and Polygon owing to their usability and compelling use cases.

According to The Daily Hodl, Cuban stated: “Bitcoin’s a great store of value, but Ethereum and Polygon that I both own a lot of, you can start to see the utility.”

Polygon has risen as a hero in the face of Ethereum’s problems and the lack of a viable alternative. Polygon may now use Ethereum for transaction verification for a fraction of the cost thanks to an innovative, one-of-a-kind Layer-2 solution developed by this India-based blockchain platform. 

Both of these platforms, according to Cuban, are profiting from the increased amount of applications produced on their networks. He mentioned that ETH 2.0 could help with Ethereum’s current gas fee issue, and that Polygon has “done a great job.”

The billionaire also claimed that he is looking for the next great thing in crypto in the form of an app that will appeal to a wider audience. 

Polygon MATIC is a scaling platform for Ethereum-based blockchains that allows them to communicate with one another. It’s also used to construct new Ethereum blockchains for businesses and institutions that need decentralized payment systems. Because one of its key purposes is to foster a multichain Ethereum ecosystem, the network calls itself “Ethereum’s internet of blockchains.”

Polygon was one of the best-performing stocks in 2021, rising from $0.01 on January 1, 2021, to $2.92 on December 27. The crypto community has been buzzing about Polygon. 

Polygon has a bright future ahead of it, with growing adoption and development both in the short and long term as the network and ecosystem expands, attracting more institutional players.

Primary Sidebar

LATEST NEWS

Ripple Rides the Wave: Court Splashes SEC’s Appeal Motion

October 4, 2023

The FTX “Token of Trust”: Guilty Execs Ready to Sing in SBF’s Legal Sonata

October 3, 2023

When Tweets Cause Market Quakes: Binance Sued for Alleged Cryptocurrency Chicanery

October 3, 2023

Elon Musk Stirs Up Monetary Mania: Labels Fiat Currency a Farce!

October 3, 2023

Kenya Says ‘World-No!’ to Worldcoin Amid Privacy Concerns

October 2, 2023

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • When Binance Met Royal Thai Police: A $277M Crypto Scam Saga October 4, 2023
  • Ripple Rides the Wave: Court Splashes SEC’s Appeal Motion October 4, 2023
  • The FTX “Token of Trust”: Guilty Execs Ready to Sing in SBF’s Legal Sonata October 3, 2023

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Decentraland (MANA) Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) FTX Token (FTT) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) Terra Classic (LUNC) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) USD Coin (USDC) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2023 · Today in Crypto · Terms & Privacy · Log in