Renowned investor and “Shark Tank” personality Kevin O’Leary revealed his pick-and-shovel strategy for cryptocurrency infrastructure companies, including exchanges and stablecoin issuers, highlighting his long-term vision for the sector.
The ‘Shark’ Is Buying Into Crypto Infrastructure
O’Leary took to X, sharing a clip from his recent interview with Brew Markets, in which he discussed his investment strategy in the cryptocurrency space.
O’Leary, also known as “Mr Wonderful,” said he has invested in Circle Internet Group Inc. (NYSE:CRCL), the issuer of the world’s second-largest stablecoin USDC (CRYPTO: USDC), cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) and tokenized stock provider Robinhood Markets Inc. (NASDAQ:HOOD)
“I bought the crypto infrastructure,” he stated. “I ask myself, ‘What do I buy that is really picks and shovels? And what can I buy that gives me direct ownership of the technology, …