Kevin O’Leary declared that the next big crypto opportunity could be the blockchain that secures adoption by at least one S&P 500 company in each of the 11 sectors.
In an X post on June 1, O’Leary stated that the next big thing in crypto is the blockchain that standardizes the real-world utility for the S&P 500 companies. As such, Mr Wonderful concluded that the crypto asset whose blockchain gets integrated with S&P 500 companies may experience parabolic growth.
“So I think the next big thing in crypto is which of these chains is going to get at least one company in all 11 sectors of the S&P. Because the minute that occurs, you wanna go long that token,” O’Leary stated.
Currently, the investor remains bullish on Bitcoin (BTC) and Ethereum (ETH) despite their significant drawdowns from their respective all-time highs (ATH). Furthermore, O’Leary believes that most of the crypto assets are ‘dead’, especially after the October 2025 capitulation event.
Consequently, he argued that any blockchain that assists any S&P 500 company in managing inventory, providing logistics, and handling contracts could recover fast.
Why are S&P 500 companies not using crypto yet?
While the desire for S&P 500 companies to use blockchain to streamline their operations remains high, O’Leary said the legal issues remain a major headwind. Furthermore, the blockchain industry in the United States continues to operate in a grey area without the passage of the Clarity Act – a proposed federal regulation aimed at legalizing crypto assets.
Additionally, O’Leary highlighted that major Wall Street firms continue to watch the Web3 space from the sidelines due to a lack of security standards. Moreover, most of the top blockchains have not yet implemented tested, reliable privacy-centric smart contracts that can help onboard S&P 500 companies at scale.
As a result, major blockchains that introduce enhanced security standards amid the passage of the Clarity Act could be among the top of the list of the next big thing in crypto.
