Kevin O'Leary says NFTs are just a flash in the pan, spending $13 million on rare sports cards
2025-09-03 21:00:39
Investor Kevin O'Leary recently teamed up with two investors to buy a $13 million Kobe Jordan dual-signature sports card as part of its Rare Physical Collectibles Index. O'Leary bluntly stated that the NFT market has become a thing of the past, and he prefers tangible physical assets. He pointed out that these collectibles may be tokenized in the future for better management and trading. O'Leary also remains optimistic about the investment potential of Bitcoin, Ethereum and related blockchain infrastructure, emphasizing that blockchain can enhance market transparency, liquidity and trust.
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