Kevin O'Leary: Without clear cryptocurrency regulation, Wall Street's tokenization craze is just talk
According to CoinDesk, renowned investor Kevin O'Leary stated at the Consensus conference that before the U.S. Congress passes a clear regulatory framework for digital assets, the tokenization craze on Wall Street is essentially just hype, and btc-42">Bitcoin and tokenized assets remain too risky for large institutional investors to invest in. He pointed out that once the U.S. establishes a formal legal framework, everything will change.
Using stablecoins as an example, O'Leary mentioned that after the passage of the GENIUS Act, stablecoins would be "almost immediately" adopted, reducing cross-border payment times from three days to a few minutes, significantly lowering costs while ensuring compliance and transparency. O'Leary believes that institutional investors' focus is highly concentrated on Bitcoin and Ethereum, with 97% of the market's value coming from these two assets, and many small-cap tokens have been "eliminated."
He stated that the real long-term value lies in blockchain infrastructure, enterprise-level applications, and the energy and data centers that support digital assets. He claimed that electricity is more valuable than Bitcoin, and the biggest opportunity is to find the blockchain platform standards that large enterprises will adopt for applications such as logistics, contract management, or inventory systems.
-- Price
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