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- Kevin O’Leary is ramping up his bets on crypto, aiming to put 7% of his portfolio in the space.
- He is most excited about decentralized finance, or DeFi, and is backing a platform called WonderFi.
- O’Leary also thinks institutions will press into DeFi but wonders whether the ethereum network can handle it.
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Kevin O’Leary — the star of “Shark Tank” and the chair of O’Shares ETFs — was once a bitcoin skeptic, but is now a full-throated supporter of the booming crypto sector.
“When facts change, I change,” he told Insider in a recent interview.
O’Leary is ramping up his investments in the crypto space. By the end of the year he aims to have 7% of his portfolio in crypto, up from 3%. He says he’s most excited about the buzzy and…
