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Kevin O’Leary Declares Crypto the 12th Economic Sector—Wall Street Grumbles Into Its Spreadsheet
Kevin O’Leary Declares Crypto the 12th Economic Sector—Wall Street Grumbles Into Its Spreadsheet
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Crypto just got its biggest endorsement yet—Shark Tank’s O’Leary predicts blockchain will join the S&P’s 11 traditional sectors. Move over, real estate; make room for decentralized ledgers.
Why it matters: Institutional adoption isn’t coming—it’s already here. BlackRock’s Bitcoin ETF crossed $20B AUM faster than a hedge fund manager abandons a sinking IPO.
The kicker: While traditional finance still debates ‘tulip mania,’ crypto’s market cap quietly bypassed the GDP of Switzerland. Maybe those MBAs should’ve mined ETH instead of LinkedIn.
By:
http://www.coindesk.com/consensus-toronto-2025-coverage/2025/05/02/kevin-oleary-crypto-will-be-the-12th-sector-of-the-economy
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