Despite the widely publicized collapse of cryptocurrency trading platform FTX, which he had vehemently supported, Kevin O’Leary is not giving up on the cryptocurrency space, announcing a new crypto exchange that he said was going to replace Sam Bankman-Fried’s disgraced firm, as well as Binance.
As it happens, the star of the investing-focused reality television show Shark Tank said a new crypto exchange, called M2, was awaiting launch in Abu Dabi and would become the largest regulated platform of its kind in the world, as he explained in an interview with Fox Business streamed on November 14.
“The age of the crypto cowboy – FTX and Binance – those days are over. And then you’ve got this pending announcement, rumored, in the next month, in the next ten days, they will announce M2 in Abu Dhabi, the largest exchange ever that’s regulated, with billions backing it and tied to huge financial institutions.”
According to O’Leary, despite the fact that no American would be a
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