Kevin O’Leary reveals ‘the next big thing in crypto’

Kevin O’Leary said on June 1 that the “next big thing” in crypto will be the blockchain that secures adoption by at least one company in each of the S&P 500’s 11 sectors — arguing that the token of any chain achieving that integration could see parabolic upside. He remains bullish on Bitcoin and Ethereum despite drawdowns, but warned most crypto assets are effectively ‘dead’ after an October 2025 capitulation. O’Leary flagged legal and security hurdles (notably the need for the Clarity Act and privacy-centric smart contracts) as the main barriers to large-scale S&P 500 onboarding.