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DraftKings Up 3% on Pact With Ethereum-based Polygon By Investing.com

October 18, 2021October 18, 2021 by Mike Robinson

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DraftKings Up 3% on Pact With Ethereum-based Polygon

By Dhirendra Tripathi

Investing.com – DraftKings stock (NASDAQ:) rose 3% on Monday as the company entered into a strategic blockchain agreement with Ethereum-based scaling platform Polygon.

DraftKings Marketplace has been provided with an eco-friendly solution by this deal. Also, DraftKings now has the option to potentially contribute to Polygon’s governance and help secure the network as a validator node with its own stake pool.

DraftKings Marketplace allows users to collect digital collectibles on the internet. It is an open-source platform for custom NFT drops and secondary-market transactions.

This is only available for registered DraftKings customers in the U.S.A. and Canada. These collectors will soon be able to use Mainnet to send NFTs purchased to their wallets.

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