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Kevin O’Leary claimed that NFTs are just a flash in the pan and spent $13 million on rare sports cards.
Golden Finance reports that investor Kevin O’Leary has recently teamed up with two other investors to jointly purchase a Kobe-Jordan dual-signed sports card valued at $13 million as part of his rare physical collectible index. O’Leary stated that the NFT market has become a fleeting phenomenon, 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.