CoinDesk Podcast Network Why Kevin O'Leary Is Betting Millions on Sports Cards While Declaring the NFT Market Dead | Markets Outlook
Sep 4, 2025
Kevin O'Leary, Chairman of O'Leary Ventures and famed investor from Shark Tank, dives into his strategic shifts in the crypto market. He now focuses on earning yield from Bitcoin and Ethereum rather than chasing daily price changes. O'Leary declares NFTs a fading trend, backing instead the tokenization of high-value assets like sports cards, which he passionately collects. With a staggering $13 million sports card purchase, he explores parallels between sports cards and art, emphasizing the value of tangible investments in a shifting market.
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Regulation Is The Adoption Catalyst
- Kevin O'Leary sees regulation and institutional clarity as the key drivers accelerating crypto adoption worldwide.
- He calls
Turn Core Crypto Into Yield
- Do convert core BTC and ETH holdings into yield-generating positions via staking, wrapping or other income strategies.
- Kevin argues this matures crypto portfolios by producing regular distributions like dividends or interest.
Infrastructure Over Price Speculation
- Kevin prioritizes owning crypto infrastructure (miners, exchanges) over speculating on short-term price moves.
- He treats miners and regulated exchanges as