Canadian investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“), said in a recent interview that a massive amount of institutional investment capital is waiting to flow into crypto.
O’Leary claims that institutional capital is waiting on the sidelines for regulatory clarity before investing in crypto. During an interview with Michelle Makori, editor-in-chief of Kitco News, at the recent Bitcoin 2022 conference in Miami, Florida, O’Leary commented on a new proposal put forth by Wyoming Senator Cynthia Lummis and New York Senator Kirsten Gillibrand. The two legislators are pushing for the U.S. government to adopt a regulatory framework for crypto.
As reported by The Daily Hodl, O’Leary said: