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.

Mark Cuban invests in Ethereum layer 2 scaling solution Polygon

The native token of Polygon Network, MATIC is up more than 9,535% year to date, according to Messari.

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.

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