Kevin O’Leary Goes Long with Crypto
Kevin O’Leary was invited to speak about blockchain and cryptocurrency for the Annual Blockchain Conference at MIT in favor of the technology, saying that he has a ton of crypto, and that he is going long.
He is particularly fond of the idea that real estate can be put on blockchain, and that fractional ownership of a property can be shared through this mechanism AKA security tokens.
O’Leary isn’t Unwise to Regulatory Issues
O’Leary as well as other fintech giants have been working with legislators to ensure cryptocurrency arrives mainstream. He realizes that the industry needs to continue this ebb and flow of regulation and compliance before crypto becomes ubiquitous. However, Kevin O’Leary is going long with cryptocurrency, and there aren’t any industries that were born overnight.
Shark Tank has given O’Leary a world stage, so the magnitude of support from someone of his influence is a ginormous step in the right direction for crypto.
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More stories about blockchain, bitcoin, and cryptocurrency:
Are Security Tokens bad for mass adoption in America, or is it just the regulation?
Coinbase Escapes Expensive Regulation and Technically isn’t an Exchange
Regulation D: A Love-Hate Story for Security Token Offerings
