CFTC launches "CEO Innovation Council," with Polymarket, Kalshi, Kraken, and others included as initial members

CFTC Acting Chair Caroline Pham announced the list of the first members of the CEO Innovation Council, all from the exchange sector, who will discuss structural and regulatory innovations in the derivatives market.

Participants include: Polymarket CEO Shayne Coplan, Cboe Global Markets CEO Craig Donohue, CME Group CEO Terry Duffy, Bullish CEO Tom Farley, Nasdaq CEO Adena Friedman, Bitnomial CEO Luke Hoersten, Kalshi CEO Tarek Mansour, Crypto.com CEO Kris Marszalek, LSEG CEO David Schwimmer, Kraken Co-CEO Arjun Sethi, ICE CEO Jeff Sprecher, and Gemini CEO Tyler Winklevoss.

The CFTC stated that it will promote market structure innovation in areas such as tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets, and blockchain infrastructure, while continuing to review more committee applications.