While the markets stabilize and Bitcoin goes up above $ 100,000, Kevin O’Leary – also known as “MR. WONDERFUL ” – Double digital assets and calls for clear regulations to unlock the next chapter of Crypto. “I consider Crypto as the 12th sector of the economy within five years,” he told Coindesk in a large interview before his speech during the 2025 consensus in Toronto on May 15.
The president of O’Leary Ventures described his approach to the crypto, which is anchored in the construction of traditional portfolio and a very deliberate plan to prepare for the institutional capital which he thinks to be about to flood in the industry.
Crypto: an allowance of 19%
O’Leary has 19% weighting in crypto and related shares. This includes direct exposure to crypto and actions in major crypto exchanges such as Coinbase, Robinhood and Wonderfi. “Volatility is good for an exchange,” he said. “No matter what crypto does, up or down, the exchange makes money because it is infrastructure.”
For yield, it promotes USDC on bank deposits. “The yield this morning is 3.822%. It’s better than a savings account. ” (O’Leary revealed that he was a shareholder in a circle.) However, O’Leary follows a strict strategy: never more than 5% in a position and never more than 20% in any sector, including crypto.
No to Bitcoin ETF, no to microstrategy
Although it is long BTC, O’Leary is not a fan of ETF packaging. “I never understood why someone would buy bitcoin in an ETF and pay fees. It’s crazy,” he said. “If I want to flight on crypto, just buy Bitcoin.” (The FNB Bitcoin were introduced in the United States in January 2024 and attracted around $ 115 billion in investment so far.)
He also chose not to have a strategy, saying that Michael Saylor is “a large strategist, without a doubt. But why don’t I just have Bitcoin? “
The regulations are the missing part
Institutional adoption of cryptography is based on regulations and compliance, he said. Great funds cannot buy as long as their internal systems can take digital assets into account in the same way that they do shares or bonds. “There are thousands of dollars waiting for a touch. But they cannot move as long as they are not regulated and the compliance infrastructure is there.”
This is why he is optimistic about Stablecoin’s legislation in the United States, which he expects to pass soon. If this happens, he said, “You want to have the exchanges.”
“The era of the Cowboy Crypto is over,” he said. “They are all in prison or criminals. What we need now is compliance. ”
Kevin O’Leary will share more on his cryptography strategy for 2025 consensus in Toronto on May 15. Get your tickets here.
