Kevin O'Leary: Crypto Will Become the 12th S&P Sector, Exchange-Backed Blockchain Will Win
- —O'Leary: crypto could become the 12th S&P sector alongside the 11 existing ones
- —Crypto's share of his portfolio reached 23% over the past 7 years
- —He doubts Ethereum will become the standard for tokenized stocks
- —Bitcoin at $1M is possible if the quantum computer threat is removed
Why it matters: The signal is that institutions are choosing blockchains for specific assets rather than a single standard, which shifts the balance of power among L1s.
Source: TokenPost