Mr. Wonderful’s crypto allocation is now larger than his gold holdings
Shark Tank star Kevin O’Leary stated that “crypto for the first time is more than gold for me” and doesn’t see a situation where crypto “goes away” as a result of regulation. Read the full article by: Brian Quarmby
Key Points:
Kevin O’Leary has been vocal the past year about the fact that he is in the cryptocurrency game and even said a few months ago that it helped pay off his house.
Now he has announced that his exposure to the crypto market is greater than his exposure to gold. O’Leary says that he has 5% of his portfolio in gold currently.
“I’m now going to be at 7% percent hopefully by year-end, so I’m a believer in it. I’m an investor in it. I put many bets out with different companies now they’re developing products in these areas and I’m pretty comfortable with where I sit.” Said O’Leary.
He also believes that there are so many opportunities in the decentralized finance market that make the space really interesting and un ignorable even for the governments.
