PANews reported on May 7th, citing CoinDesk, that renowned investor Kevin O'Leary stated at the Consensus conference that the tokenization craze on Wall Street was largely hype until the US Congress passed a clear regulatory bill for digital assets. Bitcoin and tokenized assets remained too risky for large institutional investors. He pointed out that everything would change once a formal legal framework was established in the US. O'Leary cited stablecoins as an example, stating that after the passage of the GENIUS Act, stablecoins were adopted "almost immediately," reducing cross-border payments from three days to minutes, significantly lowering costs, and providing compliance and transparency.

O'Leary believes institutional investors' focus is heavily concentrated on Bitcoin and Ethereum, with 97% of the market's value derived from these two assets, leaving many small-cap tokens obsolete. He argues that true long-term value lies in blockchain infrastructure, enterprise-grade applications, and the energy and data centers that underpin digital assets. He claims electricity is more valuable than Bitcoin, and the biggest opportunity lies in finding blockchain platform standards that large enterprises will adopt for applications such as logistics, contract management, or inventory systems.