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Kevin O’Leary: ICO Asset-Based Coins Will Replace Small Cap Stocks + NYC Hotel $400 Million ICO

2,460 views · Published 19 March 2018 · 5:23 · Indexed 18 October 2026

Channel: Thinking Crypto · 2018 · Science & Technology

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Kevin O’Leary is a Successful Businessman, Investor and one of the Shark Tank hosts ( Mr. Wonderful)

Very excited" about initial coin offerings through "smart contracts." He said "I'm a believer that asset-based coins will replace small-cap stocks," O'Leary said. He added that ICOs backed by real assets would allow companies to circumvent much of the Wall Street middleman apparatuses, such as the army of investment bankers and venture capitalists, and sell directly to would-be stakeholders.

He is involved in an upcoming ICO for a “prestigious” NYC Hotel. Could be the Plaza Hotel or Hilton etc. Sell ownership in the company through a $400 million cryptocurrency offering instead of a stock IPO. This is going to happen in 3 weeks.

"You will be an owner of a third of this hotel. If it works, it will be the first of its kind," 

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