Billionaire Mark Cuban invests in Made-in-India Polygon crypto

Mumbai: Homegrown blockchain technology firm Polygon has received a “sizeable investment” from US-based billionaire entrepreneur Mark Cuban, in lieu of its tokens, co-founder Sandeep Nailwal told ET.

Polygon (Matic) has been added to Cuban’s portfolio of companies with a description that read, “Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.”

A serial startup investor, Cuban is the owner of NBA’s Dallas Mavericks and one of the main “shark” investors on the reality TV show, ‘Shark Tank’. According to reports, Cuban is integrating Polygon crypto into Lazy.com, a portfolio company that allows people to easily display non-fungible tokens (NFTs). A prolific crypto backer, he has plans in the works to build a new online gallery to display NFTs in any form.