Kevin O'Leary buys collectible card for US$13 million…"It will be tokenized someday"

Source
JH Kim

Summary

  • Kevin O'Leary reportedly co-purchased a Dual Logoman card worth US$13 million.
  • O'Leary said this investment is similar to his past strategy of investing in Andy Warhol works and luxury watches.
  • O'Leary said the card will eventually be tokenized, and NFT was just a fad.

Canadian billionaire investor and host of the startup reality show Shark Tank, Kevin O'Leary, has moved into high-end collectible investments.

On the 3rd (local time), according to cryptoasset (cryptocurrency) media CoinDesk, O'Leary recently co-purchased a Dual Logoman card featuring both legendary basketball stars Kobe Bryant and Michael Jordan for US$13 million with two other investors.

He said this investment is similar to his past strategy of investing in works by Andy Warhol or luxury watches. O'Leary drew a line, saying, "This card will be tokenized someday," and "non-fungible token (NFT) was ultimately just a fad."

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JH Kim

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