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Shark Tank investor Kevin O'Leary shared an Instagram clip on March 31, 2025, sharing his thoughts on WonderFi and why he owns such a "large" position in it. The reality series judge mentioned that he often faced the question of being a "big believer" in crypto.
He stated that his share in WonderFi was for his "long-term" potential, as regulators, including Canada, will regulate it. He referred to it as the "biggest exchange" and how everyone needs an "exchange" to send-receive-spend crypto currencies.
"Everybody asked me why you have such a large position in WonderFi because I'm a big believer in crypto. The long-term potential is it gets more and more regulated by regulators including in Canada. It's the biggest exchange. So you need an exchange. It's sort of the picks and shovels of a whole crypto industry. Because that's how you get price discovery and get transparency and you get liquidity," said the Shark Tank mentor.
Shark Tank's Kevin O'Leary opens up about WonderFi being the largest regulated exchange in Canada
Kevin O'Leary opened up via the video clip with the most asked question about WonderFi. It was about having a large portion of WonderFi. The Shark Tank mentor shared his side and stated he has been a "big believer" in crypto. With long-term goals in mind, Mr Wonderful noted that it is expected to get "more and more" regulated by regulators.
As for Canada, WonderFi has been the "biggest" exchange platform, and everyone needs a platform while dealing with various crypto currencies. He talked about getting the price discovery, "transparency, " and "liquidity."
Shark Tank mentor captioned the video clip with similar thoughts about WonderFi, as he wrote:
"Why do I have such a large position in @WonderFi? Simple. Crypto's long-term potential is massive, and exchanges are the backbone of the industry.WonderFi is the largest regulated exchange in Canada, providing price discovery, transparency, and liquidity. Whether you're a trader, investor, or even a bank, you need a trusted exchange. That's why I'm in."
Further in the video clip, Kevin O'Leary mentioned that being an individual or even being a bank, everyone would need to have an "exchange." Because to send, receive, buy, or sell any cryptocurrency, one must need a platform, i.e. exchange, and that was what WonderFi was all bout.
With WonderFi, he stated that "long term" looks great when one has a portion in such a platform. Again, he emphasized and said that he didn't only mean Bitcoin; many other tokens that can be used for digital payment systems need an "exchange." That's where WonderFi works wonders.
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Shark Tank investor Kevin O'Leary often shares such latest market insights related to cryptocurrencies via his social media. Follow him to know more (Instagram: @kevinolearytv).
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