Billionaire Mark Cuban Accumulating New Crypto Asset – Here’s the Latest on His Ethereum Wallet

Billionaire Mark Cuban Accumulating New Crypto Asset – Here’s the Latest on His Ethereum Wallet


Billionaire entrepreneur Mark Cuban is accumulating a new decentralized finance (DeFi) asset.

A dive into one of Cuban’s publicly known Ethereum wallets shows the Shark Tank star added 75 Olympus (OHM) to his portfolio on Saturday.

 

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Cuban obtained the OHM in a trade executed on the decentralized exchange SushiSwap. Soon after that, crypto trader Tyler Swope called out the transaction in a new video.

Cuban staked the OHM – locking up the crypto asset to earn rewards – and now has a total of 536 Staked Olympus (sOHM) worth about $298,552 at time of publishing, according to CoinGecko.

This particular wallet became public when Cuban showed off his non-fungible token (NFT) portfolio on his crypto collectible platform, Lazy.

OHM is the native token of OlympusDAO. The project is attempting to create a decentralized, algorithmic reserve currency that maintains its purchasing power over time without utilizing any pegs to fiat currency.

The crypto asset launched in March and hit

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