Billionaire Mark Cuban discusses DeFi; expresses interest and support

Billionaire Mark Cuban confirms heavy dabbing in the DeFi space
  • Mark Cuban shared an Ask Me Anything post on Reddit 
  • He is investing enormously into the space of DeFi
  • Mark hosted this Ask Me Anything post on the platform of WallStreetBets

The cryptocurrency space attracted the attention of billionaire investor Mark Cuban a long time ago. The credit goes to his actively engaging tweets about Bitcoin and Ethereum. As of the current context, he has also started addressing decentralized finance tokens to his followers’ colossal body. 

Cuban’s take on DeFi

Being a significant investor and one of the primary media personalities, Mark Cuban has been consistently questioned regarding his opinions on Bitcoin. His image follows his chief role in various significant projects like Shark Tank.

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In the session, Mark confirmed that he has started to invest enormously into the space of DeFi. These respective affirmations were a double down on his previous tweets on the subject. Hosting the session, Mark made this conscious choice over the usual expectation of doing it on the AMA Subreddit.

About Mark Cuban’s Ask me Anything post

In the Reddit post, he was questioned about his current stake in the crypto space. Mark Cuban responded with the hint that he currently holds AAVE and SUSHI. They are the domestic coins of Aave and SushiSwap, respectively.

The analysis of on-chain trackers, thus, stands verified. The analysis examined a wallet associated with Mark Cuban held AAVE last week. Along with this, there exists a static capital stake in the platform itself. Further analysis concluded that another wallet in the nexus of Mark held SUSHI.

While the intention was not explicitly directed towards Mark, a Reddit comment indeed confirmed the assumption. The comment also hinted at the other holdings of the billionaire. According to it, Mark is a verified owner of Bitcoin, Ethereum, and Litecoin. Thus, this indeed came as a big surprise for the crypto market as well as the readers.

He further put it in the category of nanotechnology and various other technology classes, especially those that can boom in the next ten years.

Mark concluded his session by highlighting the strength of Bitcoin holders. He noted that they were able to make money because of their faith in BTC. 

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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