Mark Cuban Invests in Polygon and Injective Protocol, Remains Wary of Some Crypto Assets After Losses
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Mark Cuban has revealed he's bought Polygon and Injective Protocol, two small crypto assets outside of Bitcoin and Ethereum. He's an investor in both.
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Polygon aims to help Ethereum scale and reduce fees. The Polygon price is up 60% since October.
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Injective is a decentralized crypto exchange. Cuban made a strategic investment in 2021. Its price has surged over 1,100% in the last year.
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Cuban lost an unspecified amount in 2021 on an algorithmic stablecoin "rug pull."
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Cuban remains skeptical of plans to tokenize real world assets on blockchains, calling it a "hard sell."