Kevin O’Leary owns Solana and Ethereum, but what other smart contract platforms is he exposed to? Well, he just revealed that info to CNBC. Covered: O’Leary Has How Much In Crypto?? These Are His Altcoin Picks RECOMMENDED: SOLANA PAY IS GETTING THE CRYPTO WORLD EXCITED. HERE’S WHY O’Leary Has How Much In Crypto?? In the […] The post Kevin O’Leary Owns Solana, Ethereum, And These Two Altcoins appeared first on CryptosRus.

Kevin O’Leary Owns Solana, Ethereum, And These Two Altcoins

Kevin O’Leary owns Solana and Ethereum, but what other smart contract platforms is he exposed to? Well, he just revealed that info to CNBC.

Covered:

  • O’Leary Has How Much In Crypto??
  • These Are His Altcoin Picks

RECOMMENDED: SOLANA PAY IS GETTING THE CRYPTO WORLD EXCITED. HERE’S WHY

O’Leary Has How Much In Crypto??

In the latest interview with CNBC, Kevin O’Leary revealed that he has bumped his crypto allocation to 20% of his portfolio after hinting towards the move back in December 2021.

He compares Bitcoin, Ethereum, and the general asset class to that of tech stocks, and thinks investing in them is no different than speculation in traditional tech.

“Bitcoin is not a coin, Joe, it’s simply software. Ethereum is software. If you own Microsoft, if you own Google, why don’t you own Bitcoin? It’s all software.”

RECOMMENDED: KEVIN O’LEARY’S WONDERFI BUYS LARGEST CANADIAN CRYPTO EXCHANGE

These Are His Altcoin Picks

While not every name was given, O’Leary says that he has “millions of dollars” worth of exposure in 32 different projects. Beyond Ethereum (ETH) and Solana (SOL), we know that O’Leary is also a Polygon (MATIC) and Hedera Hashgraph (HBAR) bull.

Yes, Kevin O’Leary owns Solana and Ethereum, but it isn’t his only alternative layer-1 exposure, however. After today’s interview, we learned that he also holds Avalanche (AVAX) and Helium (HNT).

On Wednesday, the Biden administration released a crypto order, outlining the government’s intentions to regulate the asset class in a responsible way. Kevin O’Leary thinks that legislators need to pick up the pace.

“If you graduate from MIT right now, you don’t wanna work in an old industrial company, you want to go to a blockchain company. So we should support this initiative and be the leader in policy because right now the world is waiting.

The Canadians are most advanced; they have the very first crypto exchange, they have the very first ETF with Bitcoin in it. How come we don’t? The same in the United Arab Emirates (UAE), same in Switzerland.

…We are so far behind in policy for this nascent industry that’s going to lead the world of financial services, we’ve got to get going.”

The post Kevin O’Leary Owns Solana, Ethereum, And These Two Altcoins appeared first on CryptosRus.