Why Kevin O'Leary Is Betting Millions on Sports Cards While Declaring the NFT Market Dead | Markets Outlook
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 4 September 2025
⏱️ 24 minutes
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| 0:00.0 | I think owning the infrastructure is akin to owning the gene manufacturers and the manufactured |
| 0:05.0 | picks and shovels 300 years ago during the gold rush. I don't care. BTC doesn't move at all |
| 0:11.1 | between now and December. I'm still making money mining and being a shareholder in exchanges. |
| 0:23.3 | Hello, everyone. This is your markets outlook on CoinDesk. I'm your host, Jen Sanasi. Our guest |
| 0:28.1 | today is Mr. Wonderful Shark Tank Investor and chairman of O'Leary Ventures, Kevin O'Leary. |
| 0:33.8 | Welcome back to the show. Great to be here. Thank you. Great to have you. We are kicking |
| 0:39.4 | off the week here. Talk to me about what you're watching in the markets this morning. |
| 0:43.3 | Well, I'm obviously intrigued by the pace at which Tripto is being adopted, both domestically and |
| 0:49.8 | internationally, and around the tonality of regulation. I think that is really spurring all of this |
| 0:57.1 | on. Obviously, since you and I last talked, went through the Genius Act, and that has been a success, |
| 1:03.3 | released stable coins in the market, and they've been well received. And now we have the Clarity Act, |
| 1:09.0 | which is really the Infrastructure Act, which will give |
| 1:11.8 | us more guidance institutionally on where we're going to go with Granddaddy, Bitcoin, of course, |
| 1:17.7 | Ethereum has had a pretty good move up late. Salon is getting traction. So what I would call |
| 1:23.8 | putting Wall Street on chain is the next theme. |
| 1:28.3 | And there's a lot of derivatives to that, but the market tone is now from one of a more |
| 1:34.3 | punitive regulatory environment, which you saw just 18 months ago, to where we're now |
| 1:40.6 | seeing a remarkable wound activity, both domestically and and internationally around where crypto fits and digital payment systems and be for an alternative asset class. |
| 1:51.9 | And so that's a lot of change in a very short period of time. |
| 1:56.4 | Kevin, a lot that I want to unpack there with you. |
| 1:59.4 | But you outlined a lot of great milestones, |
| 2:01.6 | a lot of milestones this industry was waiting for for a very long time. We of course saw Bitcoin |
... |
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