The NBA team Dallas Mavericks, which was owned by entrepreneur Mark Cuban for many years, recently reaffirmed its support for Dogecoin (DOGE) during a session on the platform X. The NBA team is known for accepting the memecoin for the purchase of tickets and merchandise.

Paying with Dogecoin for 3 years

Since March 2021, it has been possible to use Dogecoin as a legitimate form of payment at Dallas Mavericks games. The introduction of Dogecoin has played a crucial role in the adoption of digital currencies in commercial transactions, reflecting the growing interest in cryptocurrencies.

Mark Cuban sold a whopping 73% of his shares in the basketball team in December 2023. However, he remains on board as a minority shareholder, still holding 27% of the team's shares. Cuban continues to play a management role and supports crypto-friendly initiatives.

Cuban speaks positively about crypto

During an "Ask Me Anything" (AMA) event on X, Cuban shared his insights on investments in the world of cryptocurrency. In addition to his interest in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), Cuban also mentioned his involvement in projects such as Polygon (MATIC) and Injective (INJ). Furthermore, the entrepreneur discussed his opinion on asset tokenization, such as sports teams and real estate.