Celebrity investor Kevin O’Leary from Shark Tank has expressed strong optimism about the future of cryptocurrency under Trump’s leadership. In a recent interview with Fox News, O’Leary declared that crypto is no longer in its “cowboy era” and is now transitioning into a new, regulated phase that will integrate it into the broader financial system.
Crypto’s Evolution Under Trump
O’Leary’s remarks came during a conversation with American politician Lara Trump at Pubkey, a crypto-themed bar in New York that President Trump had previously visited. He emphasised that past concerns about the industry stemmed from its early days of unregulated chaos, but he believes those times are over.
“The reason they’re not comfortable with (crypto) right now is they’ve watched the cowboy era of crypto, but all the crypto cowboys are in jail or out of business,” O’Leary stated, reinforcing his view that regulation will bring much-needed stability.
He praised President Trump’s recent pro-crypto policies, adding that there is now a “new tone with the government.” O’Leary believes this shift will create a clearer regulatory framework, making it easier for financial institutions to adopt cryptocurrencies.
Crypto’s Role in the U.S. Economy
According to O’Leary, cryptocurrency is poised to become a critical part of the American economy. He argued that crypto will serve both as a “payment system” and an “investment vehicle,” ultimately integrating into all sectors of the financial system.
“It’s going to become part of all the sectors of our economy. We have 11 sectors. Eventually, I believe crypto will be the 12th,” O’Leary stated, suggesting that digital assets could become a recognised sector of the economy, alongside industries like finance, healthcare, and technology.
Bitcoin as a Reserve Asset Gains Momentum
As crypto adoption accelerates, more investors view Bitcoin as a legitimate reserve asset, similar to gold. Institutional players and high-net-worth individuals are increasingly turning to Bitcoin as a hedge against inflation and economic uncertainty.
The shift in perception has been driven by growing regulatory clarity and Bitcoin’s established track record as a store of value. Large corporations and some governments have started accumulating Bitcoin, reinforcing its status as “digital gold.”
O’Leary’s comments reflect a broader trend in the investment community—crypto is no longer a speculative bet but a strategic asset class that is becoming deeply embedded in the financial system. With increasing institutional interest, Bitcoin and other digital assets are on track to play a pivotal role in the global economy.
Stay informed,
Rodcas Consulting Group