TechKevin O'Leary says he's buying crypto again for the next market cycle
The investor is looking past individual tokens to the blockchain a major stock exchange chooses for institutional use.
TLDR
Kevin O'Leary says he is buying new crypto positions for the next market cycle, but he has not disclosed which assets he is adding. The O'Leary Ventures chairman told The Block that the industry still lacks consensus on which blockchain will attract broad institutional use. He called the first major stock exchange's adoption of a chain a “watershed moment,” arguing that other financial firms would want infrastructure meeting the same requirements. His comments are an investment thesis, not a confirmed forecast; exchanges, issuers and regulators still have choices to make as tokenized-stock trading develops.
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Kevin O'Leary says he's buying crypto again for the next market cycle
The investor is looking past individual tokens to the blockchain a major stock exchange chooses for institutional use.
TLDR
Kevin O'Leary says he is buying new crypto positions for the next market cycle, but he has not disclosed which assets he is adding. The O'Leary Ventures chairman told The Block that the industry still lacks consensus on which blockchain will attract broad institutional use. He called the first major stock exchange's adoption of a chain a “watershed moment,” arguing that other financial firms would want infrastructure meeting the same requirements. His comments are an investment thesis, not a confirmed forecast; exchanges, issuers and regulators still have choices to make as tokenized-stock trading develops.
