Mark Cuban invests in Ethereum layer 2 scaling solution Polygon
The Dallas Mavericks owner and billionaire investor Mark Cuban have made an investment in Polygon (MATIC), a layer 2 Ethereum scaling solution.
As several DeFi projects are going live on Polygon, users have increasingly turned to the platform to escape the high transaction fees of the Ethereum mainnet.
Mark Cuban has also used Polygon as he admitted, "I was a Polygon user and find myself using it more and more." He is also integrating it into Lazy.com, a Cuban portfolio company that allows people to easily display NFTs.
Polygon is now listed on Cuban's website as one of his holdings.