As the markets and Bitcoin claws stabilized above $ 100K, Kevin O’Leary – also known as “Mr. Wonderful” – doubles the digital assets and calls for clear regulation to unlock the next chapter of Crypto. “I consider Crypto to be the 12th sector of the economy for five years,” he told Coindesk in a Extensive interview Leading his keynote at Consensus 2025 in Toronto on May 15.
The chairman of O’Leary Ventures outlines his Crypto approach, based on traditional portfolio construction and a very deliberate plan to prepare for institutional capital that he believes is about to flood in the industry.
Crypto: a 19% allocation
O’Leary holds 19% crypto weight and relevant -equal. This includes direct crypto exposure and sharing with major crypto exchanges such as Coinbase, Robinhood and Wonderfi. “Volatility is good for an exchange,” he said. “No matter what the crypto is doing, up or down, the exchange is to make money because it’s the infrastructure.”
For the harvest, he favors the USDC on bank deposits. “The harvest this morning is 3.822%. That’s better than a saving account.” .
Not in bitcoin ETFs, not in microstrategy
Despite the long BTC, O’Leary is not a fan of ETF wrap. “I didn’t understand why Bitcoin would buy an ETF and pay a fee. That’s not discouraged,” he said. “If I like Vol in crypto, just buy bitcoin.” (Bitcoin ETFs were introduced to the US in January 2024 and appealing about $ 115 billion to investment to this day.)
He also chose an approach, saying Michael Saylor “A good strategic, no question. But why don’t I just have bitcoin?”
Regulation is the missing piece
Institutional adoption of crypto hinges in regulation and compliance, he said. Large funds cannot be purchased until their internal systems can account for digital assets the same way they do the same or bonds. “There are trillion dollars waiting on the sides. But they can’t move until it is regulated and the compliance infrastructure is there.”
That is why he is optimistic about the Stablecoin law in the US, which he hopes to pass soon. If that happened, he said, “You want to own exchanges.”
“The Crypto Cowboy season is over,” he said. “They are all in jail or criminals. All we need now is obedience.”
Kevin O’Leary will share more about his crypto approach to Consensus 2025 in Toronto on May 15. Get your tickets here.
