In a recent interview, businessman and entrepreneur Kevin O’Leary disclosed his altcoin positions. He told his preferences of crypto assets other than top cryptocurrencies to add in his crypto portfolio. He holds positions in major altcoins including Etheruem (ETH), Solana (SOL), Helium (HNT), Polygon (MATIC) and even Polymath (POLY).
Shark Tank investor went on to say that he owns everything when it comes to crypto assets. Although he has 32 positions, given the fact that he does not know which is going to work or not. He reiterated the general notion within the market as he said that he does not even need for all his investments to show up results. Along with the other investments, he said POLY is the newest addition in his preference.
Ethereum based Polymath (POLY) focuses on providing benefits like creation, issuance and digital securities management. These digital securities hold representation of stocks or real estate like asset ownership.
Investments Not Limited To Just Crypto
O’Leary further mentioned his investment in Circle, USDC issuer company. Citing the regulator’s clarity, he said that USDC stablecoin of Circle possesses that potential to make disruption within the foreign exchange industry entirely. Additionally, the digital asset also acts towards making the funds transfer process seamless.
Venture Capitalist explained that he invested during the F-series funding round of Circle along with BlackRock and Fidelity. However, he stated investing in these major companies as the reason for his investment into the stablecoin issuer.
Moreover, the famous investor thinks of crypto as the booming sector that would stand alongside the S&P 500 index like entities. He cited the stepping in of giant companies into the crypto space as the prominent reason. Further he said of putting money in crypto as it’s not a get rich quick scheme.
Source: https://www.thecoinrepublic.com/2022/08/18/shark-tank-investor-adds-ethereum-solana-and-polygon-in-portfolio/