The Ethereum wallet of billionaire Mark Cuban reveals the Shark Tank investor’s most recent crypto portfolio shuffle.
ETH remains the top asset in Cuban’s wallet, according to Ethereum search engine EtherScan, but Circle’s USDC stablecoin has now moved into second place.
At the time of writing, Cuban’s Ethereum wallet contained 260,462 USDC, accounting for more than 54% of his whole holdings. Until late last month, he didn’t have USDC in his portfolio.
Ocean Protocol (OCEAN), a decentralized environment for data sharing and related services, is ranked third. The crypto bull has 128619.2 OCEAN worth $64,249, or about a third of his wallet.
RARI, the governance token on creator-centric non-fungible token (NFT) platform Rarible, is Cuban’s fourth-largest crypto investment. The investor has 6632 RARI, which are worth $51,132.
gOHM, the governance for the Olympus decentralized autonomous organization, follows RARI in the billionaire’s wallet (DAO). Cuban owns 5.9 gOHM worth $18,921 at the moment.
Cuban also has AUDIO, the native token of Audius, a decentralized music streaming system. The owner of the Dallas Mavericks owns 10,000 AUDIO, which is worth $12,687.45.
When Cuban published his NFT collection on Lazy, his wallet became public, and blockchain sleuths have been following it ever since. It’s unclear whether the millionaire has any other crypto wallets.
The software entrepreneur previously indicated in an interview with Fortune that he is “extremely positive” on ETH in the foreseeable future. He sees the merger, which will convert Ethereum from a proof-of-work to a proof-of-stake system, as a crucial driver of growth for the second most valuable cryptocurrency by market capitalization.
He also stated that if mining becomes obsolete as a result of the merger, the entire supply of ETH would fall. Thereby, putting upward pressure on the price. By the time the merger is completed, Cuban believes ETH will be on its way to becoming a deflationary asset.
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