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Kevin O’Leary Declares Crypto the 12th Economic Sector—Wall Street Rolls Its Eyes

Kevin O’Leary Declares Crypto the 12th Economic Sector—Wall Street Rolls Its Eyes

Coindesk
Author:
Coindesk
Release Time:
2025-05-02 15:36:02
0

Kevin O’Leary: ‘Crypto Will Be the 12th Sector of the Economy’

Crypto just got its biggest Wall Street endorsement yet—or its most hilarious punchline, depending who you ask. Shark Tank’s O’Leary predicts blockchain will join the S&P 500’s 11 official sectors, despite SEC chair Gensler still Googling ’what’s a Bitcoin’.

The sector play? Institutions finally realizing 24/7 markets beat bankers’ 3-martini lunches. Tokens now outperform traditional assets 8 years running—but good luck explaining that to your CFA-obsessed portfolio manager.

One hedge fund VP quipped: ’We’ll adopt crypto right after we finish our 3-year blockchain strategy PowerPoint.’ Tick tock, dinosaurs.

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