Institutional Capital Could Flood Bitcoin, Ethereum, Solana and Polygon Under This Condition: Kevin OLeary

Shark Tank star Kevin O’Leary says that if the right conditions are met, a large wave of good capital can flood the crypto space.

New interview Along with crypto-influential Anthony Pumpriano, venture capitalists have billions of dollars worth of institutional investors with their major digital assets Bitcoin (BTC) and Ethereum, and ETH Challenger Solana (SOL). Scaling solution Polygon (MATIC) if stablecoin restrictions are set.

Even if we need additional compliance costs, we need more disclosure if we can get some policy. [and] Being more transparent opens the lock for institutional investors who have been waiting to enter the crypto market.

If the payment system alone, for example, four or five different stablecoins were licensed, it would be amazing to get a 1,2,3% indexed quota for the first time from a $ 500- $ 900 sovereign wealth fund. The result is. a billion

Not only I do it, there are many others, but we always talk to these funds and they say the same thing over and over: give me some policies Give, show me that I’m not offside to the SEC, and I give you a 1% quota, sometimes a 3% quota.It applies to Bitcoin, Ethereum, Solana, and polygons. [and] Stablecoin.

Give me a regulated position-that’s all they want. ”

O’Leary also states that regulations could bring a $ 100,000 price tag to BTC.

If you want to see Bitcoin [at] $ 100,000, that’s how you do it. You will get a sovereign wealth fund to allocate to it. “

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Featured images: Shutterstock / Tithi Luadthong / Natalia Siiatovskaia